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Showing 181 - 190 of 282 results for "Managed Investment Schemes"

ASX managed fund service gets go-ahead

JAMES FERNYHOUGH  |  THURSDAY, 6 FEB 2014
... the Australian Securities and Investments Commission (ASIC). The service will allow registered simple managed investment schemes to sell units via the ASX and not used paper-based transactions. Individual investors or their advisers will be able to buy ...

Accountant guilty of operating 21 unregistered schemes

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... accountant has pleaded guilty to 27 criminal charges including charges of operating 21 unregistered managed investment schemes. Accountant Mark Ronald Letten pleaded guilty following an investigation by the Australian Securities and Investments Commission ...

ASX managed funds services gets ASIC nod

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
... Service, previously known as the ASX Managed Fund Service, will give retail investors access to unlisted managed investment schemes without having to go through the lengthy product disclosure statement 'wet signature' procedures previously demanded. ...

Government agnostic on portfolio holdings disclosure

JAMES FERNYHOUGH  |  MONDAY, 2 DEC 2013
... Under the current proposals, this would mean disclosing the underlying assets owned, for example, by managed investment schemes in which the super fund has invested. Super funds would therefore need to obtain this information from the fund manager. The ...

ASIC concerned about PDS font size, consumer warnings

LAURA MILLAN  |  THURSDAY, 28 NOV 2013
... Information Sheet 155 Shorter PDSs: Complying with requirements for superannuation products and simple managed investment schemes. The updated version establishes that font size in the primary document must be at least 9 points, except for the issuer's ...

ASIC rescues lower risk products from 'hedge fund' label

MARK SMITH  |  FRIDAY, 4 OCT 2013
... said. "This will also benefit investors by more clearly differentiating hedge funds from other types of managed investment schemes so that they can better understand and assess these products." ASIC's disclosure requirements for hedge funds commence ...

Court freezes LM Investment Management founder's assets

MARK SMITH  |  MONDAY, 30 SEP 2013
... Investment Management is looking at the conduct of the directors and the management of the various managed investment schemes and transactions with related companies. The regulator has urged investors and unitholders caught up in the collapse to check ...

Advisers to justify platform choice under best interest

LAURA MILLAN  |  FRIDAY, 6 SEP 2013
... advice that may not be in the best interests of the client." In Regulatory Guide 148 "Platforms that are managed investment schemes" ASIC reminds advisers that "the reforms introduce new requirements that advice, including about using a platform, be ...

Victims push for new Trio fraud inquiry

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
... of the communication of risks to investors and recommended improving the governance arrangements of managed investment schemes. Some $176 million was lost or went missing in late 2009 following the collapse of Trio, the largest superannuation fraud in ...

AQUA II exemptions unfairly favour ASX: FSC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... relief being proposed for the ASX Managed Fund Service (AMFS) should be extended to all registered Managed Investment Schemes (MIS). Under current proposals, the AMFS - popularly known as AQUA II - will only be open to simple managed investment schemes ...