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Showing 261 - 270 of 470 results for "Managed investment scheme"

Super funds trawling eBay for legacy parts

ALEX BURKE  |  THURSDAY, 2 MAR 2017
FSC chief executive Sally Loane believes financial services laws are "locking down" the industry and consumers into out-dated products. Speaking at the FSC State of the Industry address in Sydney, Loane said the problem is embedded to the extent where ...

mFund to expand product offering

JAMIE WILLIAMSON  |  THURSDAY, 22 DEC 2016
ASIC is in the final stages of making a greater range of managed investment products available via the mFund Settlement Service. Until now retail investors could only apply for and redeem interests in simple managed investment schemes with a shorter ...

ASIC approves world-first fintech exemptions

ALEX BURKE  |  THURSDAY, 15 DEC 2016
... technology neutral regulation for the financial sector and facilitating rationalisation of life insurance and managed investment scheme legacy products."

Company director jailed after mishandling funds

KERRIE SYDEE  |  MONDAY, 14 NOV 2016
... position as a director of Global Rule and was remanded in custody. Global Rule operated an unregistered managed investment scheme on the Gold Coast, with investment made available through scheme providers in Queensland and New South Wales. Golden Rule ...

Fed Court winds up unregistered investment scheme

KERRIE SYDEE  |  FRIDAY, 21 OCT 2016
The Federal Court has wound up 21st Century land banking companies and declared the land banking developments were unmanaged investment schemes. The court also disqualified the operators of 21st Century land banking companies, Jamie and Dennis McIntyre ...

Equititrust CEO remains permanently banned

KERRIE SYDEE  |  THURSDAY, 20 OCT 2016
... the Equititrust Priority Class Income Fund (EPCIF). Equititrust was also the trustee of unregistered managed investment scheme Equititrust Premium Fund (EPF). An ASIC delegate found that while director of Equititrust, McIvor broke financial services ...

Bisan buys stake in RE, launches PE fund

ALEX BURKE  |  THURSDAY, 15 SEP 2016
Bisan has acquired a 40% equity interest in a responsible entity for three managed investment schemes and launched a private equity fund. The asset manager purchased the stake in Endeavour Securities for $600,000 from Linchpin Capital; following completion ...

Deloitte partner moves to Trustee Partners

DARREN SNYDER  |  FRIDAY, 9 SEP 2016
Former Deloitte partner and #FSPower50 member Stephen Huppert has joined the newly-formed Trustee Partners as head of innovation. Huppert joins a team of seasoned industry professionals including Trustee Partners' co-founder and managing director Phillip ...

Inappropriate advice drives disputes

KERRIE SYDEE  |  TUESDAY, 6 SEP 2016
... More than half (55%) of the managed investment disputes involved a financial adviser and 18% involved a managed investment scheme operator or fund manager. Disputes about superannuation made up over one quarter (28%) of investment and advice disputes. ...

Contango appoints compliance officer

ALEX BURKE  |  TUESDAY, 6 SEP 2016
Contango Asset Management has appointed a new compliance and legal officer. Skye Radley joins the manager from Equity Trustees, where she worked in legal, risk management and compliance roles for three years. Prior to that, she was a solicitor with ...