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Showing 351 - 360 of 472 results for "Managed investment scheme"

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 ...

La Trobe mortgage fund earns 4 stars

ELISE BURGESS  |  WEDNESDAY, 8 FEB 2012
The La Trobe Australian Mortgage Fund has scored the first 4-star rating in the SQM Research Mortgage Trust Sector review, due to fund performance and consistent returns. The La Trobe Australian Mortgage Fund - Pooled Mortgages Option is an unlisted ...

ASIC continues Trio crackdown

CLAIRE MCGREAL  |  THURSDAY, 2 FEB 2012
... controlled PST Management Pty Limited (PSTM), the company that acted as the investment manager of ARP, a managed investment scheme of Trio Capital. In this role he identified and recommended investments for ARP and its predecessor, Professional Pensions ...

MLC cuts PDS down on flagship products

ELISE BURGESS  |  WEDNESDAY, 18 JAN 2012
In accordance with the Government's June 22 deadline, MLC has cut the PDS for two of its flagship products to the required eight-page short-form after already releasing a short-form PDS for its MLC MasterKey Business Super in November last year. The ...

Accountant charged with 37 offences

ELISE BURGESS  |  THURSDAY, 15 DEC 2011
Victorian accountant and LGH Holdings director, Mark Ronald Letten, is facing 37 charges including 21 counts of operating unregistered managed investment schemes and deception charges involving $1.4 million. Appearing before the Melbourne Magistrates' ...

AMP enhances super products

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
AMP has changed its contemporary super products to the new short form Product Disclosure Statement (PDS) regime ahead of the government's deadline next year. It follows Financial Services Minister Bill Shorten's announcement earlier this year that PDS ...