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Showing 231 - 240 of 507 results for "Property investment"

ASIC drops charges against Westpoint directors

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
... proceed no further and filed Notices of Discontinuance," ASIC said. The situation relates to the collapse of property investment brand Westpoint Corporation, which was running a Ponzi scheme that collapsed in January 2006. Around 3,500 investors invested ...

Rate cuts prompt SMSF cash exodus

MARK SMITH  |  FRIDAY, 10 MAY 2013
A wave self-managed super fund (SMSF) trustees are swaping their cash holdings for fixed interest and direct property investments, according to the latest Multiport SMSF Investment Patterns Survey. Falling cash rates mean that term deposits and savings ...

AUI tips property fund merger

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
Australian Unity Investments (AUI) is seeking approval from investors in its Second Industrial Trust (SIT) to merge the trust with its flagship Office Property Fund (OPF). Investors in SIT will be eligible to vote on the proposal to create a $360 million ...

AMP Capital sells out of Houston residential property complex

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
... Global Direct Property Fund provides Australian superannuation funds with access to core and core plus direct property investment opportunities in large, liquid and transparent offshore markets. The fund invests in a mix of international direct property ...

MFAA to train advisers on direct property for SMSF

LAURA MILLAN  |  FRIDAY, 26 APR 2013
... that direct property investments may offer self- managed super funds (SMSF). The MFAA estimated that direct property investment by SMSFs makes up more than 10% of investments ( or $50 billion) of the 500,000 SMSF in Australia. The training involves two ...

US tax abolition to pave way for super fund inv

MARK SMITH  |  WEDNESDAY, 24 APR 2013
... that dropping the tax will encourage overseas pension funds to invest. Russell said opportunities in overseas property investment should not be overlooked as they provide an important diversifying advantage for multi-asset portfolios. "The potential ...

ANZ provides banking services to DomaCom

LAURA MILLAN  |  TUESDAY, 23 APR 2013
... to the online trading of shares. The platform "will provide the self managed super fund market with a new property investment option and help facilitate suitable asset allocation," ANZ Financial Institutions Group director Chris Hall said. DomaCom and ...

LUCRF ramps up advice

LAURA MILLAN  |  MONDAY, 15 APR 2013
... inside superannuation, how to get tax reductions and the difference between superannuation savings and direct property investment. After the seminar, which is held for the whole group, members can request one-on-one interviews with the advisers and ask ...

ASIC targets SMSF confidence tricksters

MARK SMITH  |  THURSDAY, 11 APR 2013
... particularly area of concern for the regulator is the sharp increase in the number of advertisements pushing property investment through self-managed super. "I've seen explicitly misleading ads. I don't want SMSFs to be the vehicle of choice for unscrupulous ...

AMP raises $200m for property investment

MARK SMITH  |  FRIDAY, 22 MAR 2013
AMP Capital has raised $200 million for its AMP Capital Shopping Centre fund from Australian institutions and a new mandate from a European pension fund. The investment manager began the capital raising in November 2012. The new equity will assist in ...