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Showing 1251 - 1260 of 5855 results for "Property"

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... their circumstances into account. It seems most of these clients were advised by Thorne to invest in direct residential property through their SMSFs - and Park Trent Properties allegedly benefited from that. Thorne's SMSF advice business was called Saber ...

REITs extend performance struggles

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
Australia's listed property sector continues to languish from the effects of the global pandemic, slumping 14% compared to its pre-COVID-19 performance. Rainmaker's Wholesale Managed Funds Performance Report found that equities delivered a mixed ...

Mawhinney not dishonest, just irresponsible: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
... business model were not dissimilar to a Ponzi scheme. The regulator alleged that funds raised from investors in Australian Property Bonds, the last product Mayfair launched, were used to pay investors in other Mayfair products. ASIC also pointed to evidence ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
A physical education teacher turned property investor has lost a suit against Mayfair 101, but the details of the case demonstrate how novice investors could be confused by the firm's marketing. Stuart Klees sued M101 Holdings, claiming that he was ...

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... superannuation entitlements which he is not presently able to access, Mr McMaster's assets are limited to a $700,000 property and other low value personal items," O'Bryan said. As a result of their financial positions, the defendants deemed that ...

State Street loses Fearless Girl replica claim

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
... Maurice Blackburn to find other companies for the campaign from industries including professional services, accountancy, property, energy, superannuation, private health funds, retail banking, legal, education, construction, and other industries. The ...

Industry fund CIO resigns

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... Frontier Advisors, where he spent 14 years working across senior roles including head of Australian equities and head of property. Prior to that, he worked at Arthur Anderson as an associate based in Melbourne. LUCRF chief executive Charlie Donnelly ...

Remains of Melissa Caddick found

ELIZABETH MCARTHUR  |  FRIDAY, 26 FEB 2021
... Heights area could drift as far south as the Bermagui area." Her disappearance occurred on the same day ASIC raided her property as part of its investigation. The regulator alleges that Caddick used her company, Maliver, to misappropriate investor funds. ...

Link flags PEXA listing

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform. Link, together with Morgan Stanley Infrastructure Partners and Commonwealth Bank, said that they are exploring ...

Trilogy appoints head of property, lending

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
Trilogy Funds Management has appointed a head of lending and property assets following the retirement of David Hogan last month. Clinton Arentz has been named head of lending and property assets, which encompasses his current role leading Trilogy's ...