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Showing 91 - 100 of 360 results for "Managed investment scheme"

EQT bolsters board

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
Equity Trustees has appointed an award-winning women's advocate and current RBA director to its board. Carol Schwartz has joined EQT's board as a non-executive director. Schwartz is currently a non-executive director on the boards of the Reserve ...

Responsible entity declares insolvency

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
... Trust. ASIC's action is completely removed from the Australian Corporate Bond Trust and XTBs or any other managed investment scheme associated with Theta. Theta remains the RE of the trust and is also a service provider to the business of XTBs on the ...

ASIC winds up alleged unregistered scheme

ELIZA BAVIN  |  FRIDAY, 13 DEC 2019
ASIC has taken steps to wind up an unregistered managed investment scheme. The regulator said it has filed an application seeking leave to apply for further orders in the Federal Court in Western Australia to wind up the alleged unregistered managed ...

ASIC suspends Melbourne-based AFSL

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
ASIC has suspended the AFSL of Melbourne-based financial services provider Australian Golden Securities until May 2020. ASIC said the licence has been suspended over concerns the company is not meeting its obligations as an AFS licensee. The regulator ...

ASIC takes action against former AMP adviser

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
... civil proceedings against a former authorised representative of AMP accused of operating an unregistered managed investment scheme and using investor funds for themselves. The corporate regulator has taken action against former financial adviser Mustafa ...

Equity Trustees renews custody mandate

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
Equity Trustees has renewed its mandate with State Street Corporation for custodial and investment administration services of its Equity Trustees wealth services funds. The new agreement will see State Street provide custody, fund accounting, regulatory ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... ASIC, IOOF Investments Services Limited (IISL) sought a variation of its licence in order to transfer a managed investment scheme, IDPS and advice activities from IOOF Investment Management to IISL under the group's broader reorganisation plan to ...

Former adviser cops 12 years in jail

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
... self-managed superannuation funds in the Australian Diversified Sector Income Fund (ADSIF), an unregistered managed investment scheme. The fund was supposed to diversify across cash, property, shares, aquaculture and agriculture; however its only investment ...

State Street ETF in franking credit kerfuffle

KANIKA SOOD  |  THURSDAY, 15 AUG 2019
Investors and financial advisers were left confused when the almost $4 billion SPDR S&P/ASX 200 Fund (ASX: STW) failed to pay out any franking credits with June's year-end distribution for the first time in its 18-year-long history. State Street paid ...

Managed investment scheme operator AFSL canned

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUL 2019
The Australian financial services licence of a Sydney-based managed investment scheme operator was cancelled by ASIC. The corporate regulator cancelled the licence of Australian Mutual, which operated a number of investment schemes. The cancellation ...