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

Search Results

Showing 981 - 990 of 1277 results for "AFS"

BDO appointed administrator of the AFS Group

LAURA MILLAN  |  WEDNESDAY, 24 APR 2013
BDO Australia has been appointed as the voluntary administrator of the Australian Financial Services (AFS) Group. The creditors' report is due this Friday and the creditors' meeting has been scheduled for May 6, the administrator told Financial Standard. ...

Practitioners ill equipped for business sale

MARK SMITH  |  WEDNESDAY, 24 APR 2013
Market uncertainty and regulatory strain are leading to an increasing number of financial planners considering selling their practices, according to Centurion Market Makers director Chris Wrightson. The financial advice business broking specialist said ...

LUCRF ramps up advice

LAURA MILLAN  |  MONDAY, 15 APR 2013
LUCRF Super has launched a series of seminars throughout Australia to allow its membership direct access to the fund's financial advisers. A team of 20 LUCRF advisers will travel around the country to hold weekly seminars basis, LUCRF Advice Service ...

ASIC charges former financial adviser

LAURA MILLAN  |  FRIDAY, 12 APR 2013
... statements to three of the five investors. Whitting was an authorised representative of Kedesco, an Australian financial services (AFS) licensee, and was employed by Shelbourne Financial Services which operated a financial services practice out of Mornington ...

ASIC suspends licence of LM Investment

LAURA MILLAN  |  WEDNESDAY, 10 APR 2013
The Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services licence (AFSL) of LM Investment Management Limited for two years following the company's voluntary administration. The AFSL suspension allows ...

Securities dealer scales back after ASIC review

LAURA MILLAN  |  THURSDAY, 4 APR 2013
Securities dealer Clearing & Settlement Services (CSS) has downsized its operations after the Australian Securities and Investments Commissions (ASIC) found it had failed to comply with conditions of its Australian Financial Services licence (AFSL). ...

Islamic finance forum to discuss Shariah growth opps

MARK SMITH  |  WEDNESDAY, 3 APR 2013
The Amanie Australian Islamic Finance Forum will be held at the Park Hyatt Hotel in Melbourne on 16 April. Amanie Advisors Australia has recently become one of the first specialist Shariah advisory bodies to be granted an AFSL licence this country. ...

ASIC imposes AFSL conditions on Lionsgate

ALEX DUNNIN  |  THURSDAY, 7 MAR 2013
... three years. ASIC's action is in response to concerns that Lionsgate was not complying with its general obligations as an AFS licensee. In a statement, ASIC said it was concerned that Lionsgate did not maintain sufficient resources to carry out supervisory ...

New regime for accountants: Shorten

BEN COLLINS  |  THURSDAY, 28 FEB 2013
Speaking at an industry briefing, Federal minister for financial services and superannuation Bill Shorten has thanked the Institute of Chartered Accountants (ICAA) for its input in proposed rules regarding the provision of financial advice. The Institute ...

Big year in platforms and super: AMP Fin Services

LAURA MILLAN  |  THURSDAY, 21 FEB 2013
... posted a $1.7 billion turnaround in net cash flows, buoyed by solid performance from its platforms and wealth management arms. AFS net cash flows recovered from a loss of $581 million in 2011 to a growth of $1.152 billion last year, driven by the North ...