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Showing 361 - 370 of 471 results for "Managed investment scheme"

ASIC: New regulations for responsible entities

ELISE BURGESS  |  TUESDAY, 8 NOV 2011
ASIC has released new financial requirements for responsible entities of managed investment schemes, including minimum capital requirements, in its latest regulatory guide that wants to align entities with investor interests. In updated versions of ...

ASIC bans authorised representative of Romad Financial Services

CLAIRE MCGREAL  |  TUESDAY, 8 NOV 2011
ASIC's clean-up of the financial services industry is continuing with the banning of a Melbourne-based authorised representative of Romad Financial Services. Rory Mor Macleod Deutsch of Box Hill North cannot provide financial services for four years ...

APRA accepts EU from former Trio director

CLAIRE MCGREAL  |  FRIDAY, 4 NOV 2011
The Australian Prudential Regulation Authority has accepted an enforceable undertaking from the remaining Trio Capital director David O'Bryen. Under the terms, O'Bryen will not act as a trustee or as a responsible officer of a body corporate that is ...

ASIC seeks interim orders against Equititrust

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
ASIC has sought interim orders against Equititrust Limited for two of its managed investment schemes from the Supreme Court of Queensland while the regulator considers its actions after a suspected breach in licence. The Australian Securities and Investments ...

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 ...