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Showing 331 - 340 of 437 results for "Managed investment scheme"

SPAA calls for fraud net to be cast wider

MATT WOODINGTON  |  TUESDAY, 9 AUG 2011
... understand the focus on financial advisors and advice but unless product providers, which would include managed investment scheme operators, are also part of the last resort compensation scheme, many investors will not have access to compensation," said ...

Rainmaker launches Market Entry Report in Monaco

MATT WOODINGTON  |  MONDAY, 27 JUN 2011
Rainmaker Information has launched its inaugural report on how offshore fund managers can tap the country's $1.7 trillion superannuation and wealth management market to a global audience in Monaco today. Rainmaker released the 2011 Fund Management in ...

Financial PDS' 'Shortened'

RACHEL DAVIS  |  THURSDAY, 9 JUN 2011
A new proposal by Finance Minister, Bill Shorten would provide a transition period of just over 12 months for those that aren't ready with their shortened PDS this year. Starting from 22 June 2012, PDS for all superannuation products and simple managed ...

Calls for more investors in Great Southern class action

ELISE BURGESS  |  MONDAY, 16 MAY 2011
Thousands of investors are anticipated to come forward in the class action against failed agribusiness, Great Southern Managed Investment Schemes. Already some 2,000 investors are part of the case, which returns to court on May 27 seeking further documents ...

Bans hit bad planners: ASIC

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
... banned one of its financial advisers for four years after the collapse of the Blue Diamond Deposits Trust managed investment scheme. The Blue Diamond collapse cost investors $1.5 million, ASIC said. Kevin Whitting of Mornington, Victoria, was banned ...

ASIC silent on possible research probe

ALISON BEVEGE  |  TUESDAY, 19 APR 2011
ASIC has refused to confirm or deny whether research houses who gave five-star ratings or positive reports on fraud funds Trio Capital and Astarra are being investigated. But industry insiders say the corporate watchdog is conducting a high-level investigation ...

ASIC new guidance for AFSL

ELISE BURGESS  |  MONDAY, 4 APR 2011
Holders of an Australian Financial Services Licence (AFSL) now face updated guidance including guides on margin lending facilities, simple managed investment schemes and certain superannuation products. Australian Securities and Investments Commission ...

Fundies face tough ASIC scrutiny

RUTH LIEW  |  FRIDAY, 5 NOV 2010
ASIC released a new consultation paper yesterday seeking industry feedback on whether fund managers should be subject to the same rules that regulate stockbrokers when trading in share markets. This could see fund managers face tougher penalties if ...

APRA puts spotlight on super

JOHN MCDULING  |  THURSDAY, 4 NOV 2010
APRA's latest annual report sheds light on some of the challenges facing the superannuation industry, including liquidity management and the valuation of unlisted assets. The regulator said liquidity management remains a lingering problem for many super ...

ASIC strikes back in Opus dispute

JOHN MCDULING  |  FRIDAY, 22 OCT 2010
Legal wrangling over the future of a Brisbane-based property fund manager is continuing with ASIC filing an appeal against a Federal Court decision that looked to have provided the besieged property fund manager with a lifeline. ASIC cancelled Opus ...