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Showing 311 - 320 of 437 results for "Managed investment scheme"

ACSA lends weight to ASIC tech focus

MELANIE TIMBRELL  |  THURSDAY, 2 AUG 2012
... custodian within the Product Disclosure Statements which are issued by superannuation fund trustees and managed investment scheme operators, to ensure consumers are more informed," the association said. The ASIC report predicts assets under custody will ...

Pengana AEq fund added to BT Wrap

LINDA HAUSKEN  |  THURSDAY, 26 JUL 2012
... Equities Fund has been added to the BT Wrap platform. The Pengana Australian Equities Fund is an unlisted managed investment scheme that provides investors with exposure to a portfolio of principally listed Australian companies. Pengana believes its ...

ASIC eyes off UL property

BEN COLLINS  |  WEDNESDAY, 18 JUL 2012
The Australian Securities & Investments 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 ...

New accountants' licence hailed as win for affordable advice

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
The federal government's new conditional licensing regime for accountants has been applauded by professional bodies as a step to achieving broader access to financial advice. CPA Australia chief executive officer Alex Malley said the new rules are a ...

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
The Australian Securities & 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 ...

ASIC winds up unregistered managed investment scheme

BEN COLLINS  |  FRIDAY, 15 JUN 2012
... Investments Commission has obtained orders in the Supreme Court of New South Wales to wind up an unregistered managed investment scheme operated by Secured Bond Ltd. In proceedings on 28 May 2012, the Supreme Court also made final orders appointing Barry ...

Industry questions RE concept after Trio collapse

MELANIE TIMBRELL  |  WEDNESDAY, 23 MAY 2012
... of the RE function to another AFS licensee with an RE authorisation. It stems from the passage of the Managed Investment Scheme Act in 1998, which saw the single responsible entity model adopted and the role of the independent trustee removed. "It was ...

APRA accepts EU from former Trio director

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
... the licensed trustee of five registered superannuation entities as well as the responsible entity of a managed investment scheme known as the Astarra Strategic Fund (the ASF), a fund of hedge funds. Last month the government annoucned it would begin ...

Superannuation needs more regulatory resilience: ASIC

MELANIE TIMBRELL  |  MONDAY, 20 FEB 2012
The exponential growth in superannuation has been named the first challenge to growing the resilience of the Australian regulatory perimeter by Greg Medcraft, chairman of ASIC. Speaking at the ASIC Summer School in Sydney this morning, Medcraft said ...