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Showing 141 - 150 of 159 results for "Trio"

Trustee fury prompts SMSF compo rethink

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... self-managed super fund association wants the law to be changed to allow compensation for their trustees as anger mounts over the Trio fraud case. Affected SMSF trustees are outraged that APRA-managed super fund members will be fully compensated while ...

Planners needle minister over FOFA

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
... with so much change, but that he spent a lot of time talking to planners. "I didn't invent Westpoint and I didn't invent Trio," he said. "I am standing in your corner for the promotion of your profession. But if that therefore means that the only way ...

$55 million for Trio super fraud victims

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
Victims of the Trio Capital superannuation fund fraud will receive $55 million in compensation from a special levy, the Federal Government announced today. Members of four super funds formerly under the trusteeship of Trio will recover all lost funds ...

Three new faces on Cbus board

ALISON BEVEGE  |  WEDNESDAY, 16 MAR 2011
Industry superannuation fund Cbus has named three new board members who will replace the trio who retired in late 2010. Peter Smith of the National Electrical and Communications Association has joined the leadership team along with Rita Mallia and Frank ...

ACFS awards innovation and investment stewardship

MICHELLE BALTAZAR  |  WEDNESDAY, 2 MAR 2011
... invest, and have been excellent stewards of their clients money while taking into account the long term," she said. Capping the trio of awards was Care Super, winner of the 2011 VFMC Investment Stewardship Award for Superannuation Funds. The super fund ...

Former Astarra investment manager pleads guilty

ELISE BURGESS  |  MONDAY, 7 FEB 2011
... overseas hedge funds. The monies Richard placed in the overseas hedge funds had been raised by the responsible entity of ASF, Trio Capital Limited (Trio). Richard has plead guilty to then making materially misleading statements about the value of ASF's ...

AMP to manage Trio Capital super money

ELISE BURGESS  |  MONDAY, 13 DEC 2010
AMP SignatureSuper has been selected as the preferred successor superannuation fund for embattled Trio Capital Limited super fund members. ACT Super Management, acting as trustee of Trio Capital since last December, made the decision to transfer the ...

Astarra director faces five years jail, $220k fine

ASIC RELEASE  |  WEDNESDAY, 8 DEC 2010
... benefit of his company. The funds Richard placed in the overseas hedge funds had been raised by the responsible entity of ASF, Trio Capital Limited. ASIC alleged that Richard and AAM received in excess of $6.4 million in undisclosed payments. Richard ...

Planes, trains & automobiles and the bush

BENJAMIN ONG  |  TUESDAY, 7 SEP 2010
Kick off! While we continue to hold our collective breaths for the trio from the bush to tell us which political party "we voted for" last 21 August, campaigning has kicked off on our big brother's shores. It's Labor Day in the USA, heralding the start ...

Untangling the Astarra web continues

RUTH LIEW  |  THURSDAY, 4 MAR 2010
New information from Trio Capital administrator PPB showed more than half of the $63 million Asttar Wholesale Portfolio Service's assets were invested in funds and property firms part and wholly owned by the failed fund manager. According to a letter ...