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Showing 1801 - 1810 of 3211 results for "Scheme"

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... raised $4.75 million from over 200 SMSF investors (aiming to raise at least $20 million), to establish an offshore share scheme in the US and British Virgin Islands outside of ASIC's jurisdiction. Furthermore, the participants in this scheme (including ...

FEATURE: Australia's other love affair

FINANCIAL STANDARD  |  TUESDAY, 12 MAY 2015
Property investment is tangible, attractive and easy to understand for the average investor. There has arguably never been so much discussion around property with some experts saying Australia is going through a housing bubble fuelled by low interest ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ...

Wealthsure to cancel AFS licence

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
... manage its internal dispute resolution system. WPL will also need to maintain membership of an external dispute resolution scheme, maintain professional indemnity insurance, maintain capital and notify all clients with an unresolved complaint about the ...

Suspended SIV scheme raised $3bn

MARK SMITH  |  THURSDAY, 30 APR 2015
... foreign investment into risky venture capital funds. Specialist property investor Ausin Group has benefitted from the SIV scheme through the investment of SIV holders capital in Australian property. The group has even set up a dedicated immigration division ...

Super lump sum myth debunked

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
... money elsewhere; 12.8% rolled it over, invested in an approved deposit fund, a deferred annuity or another superannuation scheme; and 12% had withdrawn their super but were undecided and did not know what to do with it. Only 7.1% used their super to ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
An independent report by forensics firm KordaMentha has confirmed that the advice divisions of Commonwealth Bank (CBA) failed to implement consistent compensation programs under the regulator's surveillance. Following the report, CBA will need to contact ...

Qualitas grows team with senior appointments

LAURA MILLAN  |  TUESDAY, 21 APR 2015
Real estate investment specialist Qualitas has appointed a head of compliance and legal, a risk analyst and an investment analyst, bringing the size of the team to 35 people. Head of compliance and legal Ruth McClelland joined Qualitas from K2 Asset ...

Tempo finds beta growth in Europe, Asia

LAURA MILLAN  |  FRIDAY, 17 APR 2015
... that reviews the allocation every month to reflect changes in global markets: "we wanted to have a portfolio construction scheme that reflected the fact that different countries change and their attractiveness changes through time," he said. The fund ...

FOS decries unpaid compensation

DARREN SNYDER  |  TUESDAY, 14 APR 2015
The Financial Ombudsman Service believes a limited compensation scheme is the missing piece from regulatory discussions and suggested improvements in Australia's financial system. The call comes as part of the service's submission to the Financial System ...