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Showing 201 - 210 of 282 results for "Managed Investment Schemes"

Challenger gets Lonsec approval on annuities

LAURA MILLAN  |  MONDAY, 11 MAR 2013
... annuity products has been approved by independent research house Lonsec. Lonsec awarded the rating to all managed investment schemes and term and lifetime annuities offered by Challenger, including the fastest selling annuity in the company's history ...

Select Asset Management acquires Total Fund Services

MARK SMITH  |  THURSDAY, 13 DEC 2012
... Services (TFS) today for an undisclosed amount. TFS provides specific regulatory services to Australian managed investment schemes, acting as a 'responsible entity for hire' to registered schemes and similar investment vehicles. The business will be ...

New hedge fund rules for post-GFC environment

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
... invested in two hedge funds and then siphoned offshore. ASIC clarified its definition of hedge funds as managed investment schemes that exhibit at least two characteristics: complex investment strategy or structure; use of leverage; use of derivatives ...

Lion Adv cancelled/Hickie banned

LINDA HAUSKEN  |  FRIDAY, 17 AUG 2012
... complaints with their financial service providers. Lion Advantage - which operated four registered managed investment schemes - and chief executive Hickie have the right to appeal to the Administrative Appeals Tribunal for a review of the decision.

ASIC eyes off UL property

BEN COLLINS  |  WEDNESDAY, 18 JUL 2012
... Commission yesterday released the findings of a proactive review of responsible entities operating managed investment schemes in the unlisted property sector. As part of this review, the Australian Securities & Investments Commission (ASIC) is highlighting ...

New accountants' licence hailed as win for affordable advice

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
... 'class of product advice' on basic deposit products, general and life insurance, securities, and simple managed investment schemes. The new licence does not, however, allow specific product recommendations but is designed to enable accountants and any ...

Foreign MIS tax legislation delayed

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Federal government plans to raise the tax rate on managed investment schemes have been delayed after the proposal was pulled from a bill before parliament yesterday. The measure proposed to double the rate from 7.5% to 15%, forcing assistant treasurer ...

ASIC issues short PDS guidance

BEN COLLINS  |  TUESDAY, 19 JUN 2012
... Investments Commission (ASIC) has issued guidance for issuers of superannuation products and simple managed investment schemes about how to comply with the shorter product disclosure statement regime. The shorter Products Disclosure Statement (PDS) regime ...

Superannuation needs more regulatory resilience: ASIC

MELANIE TIMBRELL  |  MONDAY, 20 FEB 2012
... acquisitions, capital raisings, brokers and markets themselves. Growth in fixed income, property and cash and managed investment schemes are activities regulated by ASIC. With SMSF growing in size they will be targeted with a range of products including ...

La Trobe mortgage fund earns 4 stars

ELISE BURGESS  |  WEDNESDAY, 8 FEB 2012
... which held $119.2 million as at August 31 last year. In a first for SQM since they commenced rating managed investment schemes in 2007, it awarded a 4-star rating to a Mortgage Trust. Listed as the Fund's key attributes, its loan arrears have now fallen ...