Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 821 - 830 of 905 results for "Australian Financial Service"

New guidelines on conflicts for AFS applicants

The Australian Securities and Investments Commission (ASIC) has incorporated the most recent legislative changes relating to conflicts of interest into its licensing regime with updates to its licensing guides. The conflicts management obligations are ...

Guidance on SOAs from ASIC

ASIC has provided guidance on Statements of Advice (SOAs) to help Australian financial services licensees fulfil their obligations under the Corporations Act 2001. The guide is aimed at addressing both content and presentation deficiencies discovered ...

Australian Financial Services teams up with Russell

National financial planning group Australian Financial Services (AFS) has outsourced $180 million of investments to Russell's wholesale multi-manager funds. The outsourcing decision was made so AFS could rely on Russell's solid and consistent returns. ...

ASIC shuts down currency trading websites

ASIC will stop a number of electronic currency exchange businesses operating on the internet after the regulator became aware that three Australian-based businesses were operating without holding an Australian financial services licence (AFSL). The ...

New principal member for FPA

The Financial Planning Association (FPA) has increased its total number of principal members to 586 after newly formed financial adviser KPMG Private Wealth joined the list. FPA principal members are comprised of companies and individuals holding an ...

MLC Advice Solutions gets new leadership structure

NAB's new regional business model has brought about a change in the leadership structure of MLC Advice Solutions. MLC's existing advice businesses management team will remain intact. New appointments include Greg Miller as general manager Self Employed ...

Unlicensed company stopped from issuing securities

ASIC has prevented Ameya Computer Pty Ltd (Ameya) from offering financial products and conducting a financial services business without an Australian financial services licence (AFSL) after the company was caught advertising 'risk free' returns of 10 ...

Beware the cold calling con artist

ASIC has advised investors to be wary about unsolicited phone calls or emails offering high returns on shares or other investments after the number of complaints the regulatory body received about the practice doubled in August and September 2004. The ...

Mortgage broker banned

The Federal Court of Australia has banned Ron Wynhoven from participating in the financial services industry and disqualified him from managing any corporation for five years. The Court found Mr Wynhoven and his company R Wynhoven and Associates engaged ...

IFSA 2004/05 Board of Directors finalised

IFSA's Board of Directors for 2004/05 was finalised at the association's directors AGM with four new appointments for the coming year. The newly elected members are Dr Doug McTaggart CEO Queensland Investment Corporation, Paul Bedbrook CEO ING Australia ...