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Showing 211 - 220 of 437 results for "Managed investment scheme"

The PI risks of goals-based advice

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2017
Financial advisers making the switch to goals-based advice must ensure they are adequately covered with professional indemnity insurance. That was the warning heeded by delegates at the inaugural Association of Goals Based Advice conference in Sydney ...

OneVue sells $2bn RE business

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
OneVue has signed an agreement to sell its responsible entity business, which currently represents about $2.3 billion in funds under supervision. The RE business covers 27 managed investment schemes and will be acquired by Equity Trustees for $3.5 million ...

Aurora finalises Hastings takeover bid

ALEX BURKE  |  MONDAY, 23 OCT 2017
... HHY unit. Aurora explained that by merging the two funds, investors would be provided with a larger managed investment scheme, which would "enhance the ability to grow the returns of the portfolio on a measured and sustainable basis." "Additionally ...

EQT acquires stake in UK firm

KARREN VERGARA  |  FRIDAY, 13 OCT 2017
Equity Trustees announced it will acquire a large stake in a London-based funds services solutions company, marking its first step toward global expansion. EQT will acquire 60% of Treasury Capital, a provider of fund administration and regulatory services ...

ASIC outlines industry funding costs

ALEX BURKE  |  MONDAY, 9 OCT 2017
ASIC has released the forecast regulatory costs for industry participants as part of its new industry funding model. These costs vary across industry sectors. In the registered liquidator sector, for example, companies will have a minimum levy of $2500 ...

Government opens doors to offshore investment vehicles

ALEX BURKE  |  FRIDAY, 25 AUG 2017
... and investor protection while being more "internationally recognisable" than the country's existing managed investment scheme (MIS) trust-based structure. The goal is to make Australian investment products more marketable and competitive overseas by ...

Former ME Bank chief joins Powerwrap

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2017
The founding chief executive of ME Bank has joined the Powerwrap board, with more director appointments expected in the coming months. Appointed as a non-executive director, Anthony Wamsteker brings 30 years' experience to the $6 billion platform. Wamsteker ...

Equity Trustees names philanthropy lead

KARREN VERGARA, JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2017
A former National Australia Bank executive has joined Equity Trustees as its new general manager of charitable trusts and philanthropy. Jodi Kennedy joins the firm's trustee and wealth services division from NAB where she was head of community engagement ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
The Federal Government is powering ahead with further changes to Australia's $2 trillion superannuation system, garnering support from across the industry. The latest proposals will see the prudential regulator (APRA) be responsible for making it easier ...

AMP Capital appoints independent directors

KARREN VERGARA  |  FRIDAY, 21 JUL 2017
AMP Capital appointed three non-executive directors to its responsible entity and trustee boards. John Nesbitt, Ming Long and Peter Rowe will join the AMP Capital Funds Management and AMP Investment Services boards effective July 28. Serving as the ...