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Showing 871 - 880 of 940 results for "AFSL"

Plus Capital eyes offshore managers

MICHAEL HOBBS  |  WEDNESDAY, 20 MAY 2009
... Australian domiciled funds that feed into the offshore funds, because local institutions prefer to deal with managers that hold an AFSL, said Neil Wild, partner at Plus Capital. The firm's first client is Hermes BPK Partners LLC, a subsidiary of Hermes ...

Court convicts unlicensed Westpoint planner

PRESS RELEASE  |  MONDAY, 20 APR 2009
... related companies. He pleaded guilty to the charge of providing financial advice with an Australian financial services licence (AFSL). As a result of the conviction, Rowntree is disqualified from managing corporations for five years. Companies including ...

Charged for no AFSL

ASIC RELEASE  |  TUESDAY, 14 APR 2009
... who dealt in financial products, including Westpoint promissory notes, without an Australian financial services licence (AFSL). Barry William Silver, of Arundel, Robert Peers Button (also known as 'Bob Button') of Currumbin Waters, Mark Pirimona Shepherd ...

CAAM funds awarded 'recommended' rating

MICHAEL HOBBS  |  WEDNESDAY, 18 MAR 2009
... Partners also awarded the global emerging markets fund a rating of the same name. "An important step for us was obtaining our AFSL, which we did in October last year. The next step was obtaining ratings for our funds so they can be accepted on investment ...

Paragem tips scales for small planners

MICHELLE BALTAZAR  |  FRIDAY, 20 FEB 2009
... ahead of the pack even as the market continues to bite. For example, Paragem has set up a new service, Paragem Wholesale AFSL, which allows advisers the option to share a 'non-aligned licence'. This means that they don't have to shoulder the full cost ...

Double Bay brokers banned

MICHAEL HOBBS  |  WEDNESDAY, 4 FEB 2009
... Interactive Insurance Brokers. ASIC found Dryer was aware of the requirement to hold and Australian Financial Services Licence (AFSL) but chose to disregard those conditions. Both men can appeal ASIC's decision to the Administrative Appeals Tribunal. ...

Snowball taps mining rich towns

MICHAEL HOBBS  |  MONDAY, 27 OCT 2008
... we decided a joint venture company was the way forward," he said. Big Sky Financial Solutions will operate under Outlook's AFSL. Big Sky holds a 51 per cent shareholding in the joint venture, with the remaining amount held by Outlook. This announcement ...

ASIC suspends WA AFSL

MICHAEL HOBBS  |  MONDAY, 29 SEP 2008
The Australian Securities and Investments Commission (ASIC) suspended the licence of West Australian based Concentric Wealth Management after it found it couldn't manage it's own debt. In August Mervyn Kitay was appointed receiver manager of Cottesloe ...

ASIC freezes $1m investor funds

MICHAEL HOBBS  |  TUESDAY, 16 SEP 2008
... agreed to not accept any more contributions to the fund, operate or promote the fund or provide financial services without an AFSL during the interim period.

Van Eyk most popular ratings agency: Rainmaker

ALEX DUNNIN  |  TUESDAY, 12 AUG 2008
... service, it's the compliance regime of the market itself that makes them so important. "One way adviser groups [satisfy their AFSL requirements is] to only allow their planners to recommend products that have achieved specified ratings. Professional ...