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Showing 731 - 740 of 905 results for "Australian Financial Service"

ASIC bans Oxford Investments

MICHAEL HOBBS  |  WEDNESDAY, 2 JUL 2008
The Australian Securities & Investments Commission (ASIC), backed by the Federal Court of Australia, banned Tasmanian based Oxford Investments Tasmania and its sole director for advising on financial products for 10 years. As a result, the firm and ...

Ex-AFS distribution head joins FPSA

RUTH LIEW  |  WEDNESDAY, 18 JUN 2008
Financial Planning Services Australia (FPSA) has appointed ex- Australian Financial Services head of distribution, Mark Ryan, as director and dealer principal. Director of FPSA Deborah Baron said Ryan will be invaluable in driving strategy to take FPSA ...

Liquidnet trading reaches $1 billion

MICHAEL HOBBS  |  THURSDAY, 12 JUN 2008
Australian buy-side institutions traded more than $1 billion in domestic securities via the electronic marketplace, Liquidnet, since it's inception in February this year. Liquidnet facilitates institutional equities trading for various asset management ...

Australia gets Chinese QDII status

MICHAEL HOBBS  |  WEDNESDAY, 11 JUN 2008
Australian financial services operators will now get direct access to Chinese domestic investment funds after Australia was approved as an official investment destination under the Qualified Domestic Institutional Investor (QDII) scheme. The QDII scheme ...

Goodbye fax, hello tech messaging

RUTH LIEW  |  THURSDAY, 5 JUN 2008
Tired with paper transactions, nine big fund managers are ditching their fax machines for SWIFTNet Funds' electronic messaging funds transfers. Nine participants in the SWIFTNet Funds market practice and pilot are taking the plunge to go live with electronic ...

MGI buys Omega stake

MICHAEL HOBBS  |  WEDNESDAY, 14 MAY 2008
Macquarie Global Investments has purchased a 19.9 per cent stake in Melbourne-based boutique investment management business Omega Global Investors. Omega Global Investors' (Omega) management team includes three former Vanguard employees including George ...

Ex-Westpoint adviser faces charges

MICHAEL HOBBS  |  WEDNESDAY, 14 MAY 2008
Keith Rowntree, formerly from Solutions One Finance Group, faces three ASIC charges for providing advice on a range of financial products, including Westpoint, without the proper licence. ASIC alleges that between 2003 and 2005, Rowntree provided financial ...

TSG expands dealer group

MICHAEL HOBBS  |  FRIDAY, 2 MAY 2008
The Salisbury Group (TSG) has added five financial planning practices to its dealer group and is in talks with a further 13 practices. Established in 1999, TSG merged with national dealer group Australian Financial Services (AFS) last year and manages ...

Adviser gets community service

RUTH LIEW  |  MONDAY, 14 APR 2008
A former Progressive Investment Securities financial adviser has been sentenced to 250 hours community service for giving unlawful advice. Mohammad Zareei of Baulkham Hills, New South Wales, was sentenced by the Sydney District Court to 250 hours community ...

AFS records strong growth

RUTH LIEW  |  THURSDAY, 3 APR 2008
Financial planning firm Australian Financial Services has recorded a 30 per cent improvement in profits at the start of this year - a result that the firm claims is a harbinger of strong performance this year. "AFS's record of sustained strong results ...