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Showing 671 - 680 of 905 results for "Australian Financial Service"

AFS deal raises Asian opportunities

MICHELLE BALTAZAR  |  FRIDAY, 7 MAY 2010
Dealer group Australian Financial Services Group (AFS) remains mum on the identity of its potential buyer but said the deal could potentially open up its financial planners to clients and products outside Australia, particularly in the broader Asian ...

AFS considers sale offer

AFS RELEASE  |  THURSDAY, 29 APR 2010
The Australian Financial Services Group Ltd (AFS Group) has received an incomplete offer from an undisclosed buyer to buy all of the issued shares in the company. AFS chair Barry Stephen said that while the group remains committed to the planned IPO ...

ASIC targets alleged Ponzi scheme

ASIC RELEASE  |  WEDNESDAY, 14 APR 2010
ASIC has obtained court orders freezing $14.6 million in assets of four men from Victoria and Western Australia, due to concerns about the possible operation of a Ponzi-style scheme. The orders are against Peter van de Steeg, Jonathan Ezzy, Peter Berlowitz ...

OneVue and BGL to white label UMA

MICHAEL HOBBS  |  TUESDAY, 13 APR 2010
OneVue and BGL Corporate Solutions have teamed up to develop a unified managed account (UMA) for Australian Financial Services Group (AFS) advisers. Both companies plan to white label the product to other financial advice dealer groups. The service ...

WB Financial appoints CEO

COMPANY RELEASE  |  THURSDAY, 8 APR 2010
WB Financial Management has appointed former general manager of Professional Investment Services (PIS) New Zealand, David Keys, as chief executive. Besides his role at PIS, Keys has also worked across a number of senior roles in several major Australian ...

HSBC appoints investment sales manager

COMPANY RELEASE  |  THURSDAY, 8 APR 2010
HSBC Bank Australia has appointed former Macquarie manager Shaun Thomas as investment sales manager within its global investments business. Thomas will be responsible for distributing managed funds and structured products to the adviser market in Australia. ...

Director charged in Westpoint case

ASIC RELEASE  |  MONDAY, 29 MAR 2010
A director who dealt in Westpoint promissory notes has been placed on a good behaviour bond after pleading guilty to carrying on a financial services business without holding an AFSL. He was sentenced to six months imprisonment, with an order that he ...

New credit ratings agency in town

COMPANY RELEASE  |  FRIDAY, 26 MAR 2010
Australia's credit ratings market has a new entrant - Corporate Scorecard - which recently received the green light from ASIC to operate as a licensed Credit Ratings Agency. According to a press release, CSC is the first Australian-owned CRA to obtain ...

ASIC cancels Teys Property AFSL

ASIC RELEASE  |  FRIDAY, 26 MAR 2010
ASIC has cancelled the Australian Financial Services licence of Teys Property Funds after the firm went into external administration earlier this month. Teys is now known as TPFL Ltd. The firm is the responsible entity of eleven property and mortgage ...

SA adviser banned for no AFSL

ASIC RELEASE  |  THURSDAY, 18 MAR 2010
ASIC has banned South Australian planner Steven Edward Fleetwood from providing financial services for five years, after giving out trading and advice services without having an Australian Financial Services Licence. The banning of Fleetwood follows ...