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Showing 581 - 590 of 885 results for "Australian Financial Services"

ASIC streamlines AFS licence process

LINDA HAUSKEN  |  WEDNESDAY, 13 JUN 2012
The Australian Securities & Investments Commission has updated its Australian financial services licence application process in an effort to cut red tape and make registration and licensing more efficient. Revisions to Australian Securities & Investments ...

Daly: Forced out of AFS after rejecting downsize

BEN COLLINS  |  THURSDAY, 7 JUN 2012
Ex- Australian Financial Services chief Peter Daly, who is for suing for unfair dismissal, said he departed the company after plans for downsizing were discussed. Daly said he had a business plan and budget approved by the board. "During the board meeting ...

MAFTA provides new Asian opportunities

BEN COLLINS  |  MONDAY, 28 MAY 2012
The Malaysia-Australia Free Trade Agreement (MAFTA), gives Australian financial services a much greater opportunity than the wider AANSFTA (ASEAN Australia New Zealand Free Trade Agreement) under which a previous 30% ownership cap was negotiated. "I ...

AFS board votes no confidence in Daly

BEN COLLINS  |  TUESDAY, 22 MAY 2012
Australian Financial Services chief executive and managing director, Peter Daly, has left the dealer group which has appointed group director Phil Burke as acting chief executive. Daley said he was suddenly forced out despite a satisfactory track record ...

ASIC warns industry about misusing term independent

LINDA HAUSKEN  |  THURSDAY, 3 MAY 2012
... 'independent', 'unbiased' or 'impartial' if they receive commission or volume-based payments. The Australian Financial Services Licensees (AFS) identified included 17 general insurance brokers, 3 financial planners and 1 life broker. "ASIC conducted ...

CPA responds to advice exemption

MELANIE TIMBRELL  |  TUESDAY, 1 MAY 2012
... are allowed to advise on the creation of self-managed super funds and are exempt from requiring an Australian Financial Services Licence if they stay within those limits. "The losers are the consumers in that the tax advice protections aren't there for ...

ASIC suspends practice licence

ELISE BURGESS  |  TUESDAY, 17 APR 2012
... months for unknown reasons. The Australian Securities and Investments Commission (ASIC) suspended the Australian financial services licence of the Sydney-based planning practice until July 1 2012, the regulator said yesterday. Australian Performance ...

Budget tightening to hit IMR

MELANIE TIMBRELL  |  WEDNESDAY, 11 APR 2012
... Manager Regime is intended to encourage greater cross-border investment activity and stimulate the Australian financial services sector by creating certainty in tax rules imposed on investment income, particularly in terms of residency, source and permanent ...

New St George and Westpac New Zealand CEOs appointed

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
... Clare, previously group executive, product and operations before being made the head of Westpac's new Australian Financial Services division last November, will move to New Zealand as Westpac's new chief executive there. Gail Kelly said he had "strong ...

Second exposure draft on IMR laws released

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
... stages, the IMR is intended to encourage greater cross-border investment activity and stimulate the Australian financial services sector by creating certainty in tax rules imposed on investment income, particularly in terms of residency, source and permanent ...