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Showing 251 - 260 of 291 results for "Managed investment schemes"

ASIC targets another MIS scheme

ASIC RELEASE  |  THURSDAY, 13 AUG 2009
... improperly received approximately $5 million in commission based on applications for woodlots in licensed managed investment schemes. Keep was a director of NK Financial Services at the time. She will have the right to appeal to the Administrative Appeals ...

Agribusiness MIS suffer 77pc drop

RUTH LIEW  |  MONDAY, 20 JUL 2009
First Timbercorp fell, then Great Southern plummeted - fuelling Australia's agribusiness managed investment schemes sector to suffer a 77 per cent decline in invested funds for the last financial year. New figures from the Australian Agribusiness Group ...

Push for redemption freeze lifts: PASL

COMPANY RELEASE  |  WEDNESDAY, 15 JUL 2009
... Kessell, said that over the past six months there had been a freeze on redemptions across a range of managed investment schemes previously regarded as liquid. "Yet the superannuation industry has been surprisingly passive on the issue. Few have questioned ...

Timbercorp buy passes sole purpose test

RUTH LIEW  |  MONDAY, 6 JUL 2009
... fates of these forestry projects have been in question following increased calls to wind up the firm's managed investment schemes. Vrisakis said First Super's possible purchase of these assets will not see the fund breach the SPT, but said it is ultimately ...

ASIC reveals cap arising enhancements

ASIC RELEASE  |  MONDAY, 22 JUN 2009
... prospectus or product disclosure statement (PDS) is not required. The policies allow listed companies and managed investment schemes engaging in equity raisings increased scope to update the market through continuous disclosure obligations and a 'cleansing ...

ATO targets loss schemes

RUTH LIEW  |  MONDAY, 1 JUN 2009
... claimed to be long-term investors eligible for the capital gains tax 50 per cent discount," said the ATO. Managed Investment Schemes (MIS) are also under heavy scrutiny. The recent collapses of Timbercorp and Great Southern in particular have put agribusiness ...

Netwealth hires legal and reg consultant

COMPANY RELEASE  |  TUESDAY, 26 MAY 2009
... services consultant. "Davyd's extensive experience specialising in a range of matters including takeovers, managed investment schemes, public offer superannuation schemes, trusts, commercial litigation, financial markets is of great value to netwealth," ...

Conservative strategies pay for ITC

MICHAEL HOBBS  |  TUESDAY, 19 MAY 2009
... financial position with Elders behind us and, more importantly, we're a forestry company that uses managed investment schemes (MIS), not an MIS company that uses forestry," he said. Shane Kelly, managing director at agribusiness research specialist Adviser ...

ASIC boosts online MIS registration

COMPANY RELEASE  |  TUESDAY, 10 MAR 2009
ASIC is inviting businesses to lodge applications for the registration of managed investment schemes online. The online forms are part of ASIC's ongoing commitment to provide accessible lodgement services to assist business. They include Form 5100 Application ...

ASIC bans former Money Matters adviser

ASIC STATEMENT  |  MONDAY, 1 SEP 2008
... also received a six-year ban from providing financial services because he operated the unregistered managed investment schemes and breached undertakings to ASIC. Ian and Mathew have the right to appeal against ASIC's decision. To date, the regulator ...