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Showing 1231 - 1240 of 1724 results for "Minimum"

Macquarie Specialist Investments launches Macquarie Step

CLAIRE MCGREAL  |  MONDAY, 14 NOV 2011
... management fees, and investors don't have to make interest payments. They can also use their own capital to invest, with a minimum investment of $20,0000. "Cash may not be a suitable investment in all market scenarios. Investors who have cash earmarked ...

Constructing a fund governance roadmap

CLAIRE MCGREAL  |  THURSDAY, 10 NOV 2011
... way forward." Press also said that transparency and disclosure were vital as funds had an obligation to members. "As a minimum we should be looking at the ASX good practice guides and those recommendations, which will include things around transparency ...

ASIC: New regulations for responsible entities

ELISE BURGESS  |  TUESDAY, 8 NOV 2011
ASIC has released new financial requirements for responsible entities of managed investment schemes, including minimum capital requirements, in its latest regulatory guide that wants to align entities with investor interests. In updated versions of ...

ASIC seeks interim orders against Equititrust

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
... Class Income Fund (EPCIF), prior to an upcoming ASIC hearing. ASIC said it is concerned Equititrust may not be holding a minimum amount of net tangible assets in the mortgage fund and that breached provisions of the Corporations Act 2001 (the Act) requiring ...

Super strategy needed for retirees

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
... amounts out of their super if it suits their circumstances, or can vary their pension payouts, as long as they meet the minimum payment requirements," said Hutton. He said the main issue was that retirees think they are limited to removing the defined ...

AustralianSuper uses scale to negotiate deals with NAB, ME Bank

RACHEL DAVIS  |  WEDNESDAY, 19 OCT 2011
... services at low costs. Members will be able to choose between the options of three, six and twelve month terms, with a minimum deposit of $2,000 and a maximum of $5 million. NAB and ME Bank have been selected as term deposit providers following a tender ...

Former Sonray chief gets jail time following ASIC charges

CLAIRE MCGREAL  |  MONDAY, 17 OCT 2011
... accounting involving fake deposits worth over $35 million. Scott Kenneth Murray, 33, of Werribee, Victoria will serve a minimum of two and a half years before he is eligible for parole after pleading guilty to all charges against him. These include six ...

Alphington targets younger HNW investors with wealth service

MATT WOODINGTON  |  TUESDAY, 11 OCT 2011
... and typically younger clients. The Melbourne based firm will continue to target higher end clients but has scrapped the minimum requirement of $250,000 in annual income or $2.5 million in assets. Alphington had previously focused on the wholesale space ...

UK abolishes Default Retirement Age

RACHEL DAVIS  |  TUESDAY, 4 OCT 2011
... 2011, the UK Government confirmed that they would abolish the DRA. From 6 April 2011, employers could no longer issue the minimum six-month notification for compulsory retirement, using the DRA legislation. The abolition of the DRA means UK employees ...

New property fund built for average earners

MATT WOODINGTON  |  THURSDAY, 15 SEP 2011
... cost-effective, given the significant start-up costs and fees associated with a self-managed super fund." While there is no minimum investment for the fund, TIC Super members are entitled to invest up to 75% of their balance in DARP. The fund will include ...