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Showing 381 - 390 of 471 results for "Managed investment scheme"

Short form PDS gets green light

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Super fund members can look forward to an eight-page product disclosure statement (PDS) rather than 80, as new laws announced this week kick in. The new regulations are an important step forward to a new era in disclosure for fund members, said super ...

Great Southern investors fight back

COMPANY RELEASE  |  FRIDAY, 28 MAY 2010
Macpherson + Kelley Lawyers has filed a lawsuit for Great Southern investors seeking the court to void loans given to invest into failed agribusiness investment schemes, including loans provided by Adelaide Bank. The class action covers 1,700 investors ...

Gunns freezes MIS offerings

RUTH LIEW  |  WEDNESDAY, 5 MAY 2010
Gunns Limited, which owns the Responsible Entity of several Great Southern schemes, flagged it will not be making any MIS offers this financial year. Gunns Limited owns Gunns Plantations - the responsible entity for the 1998 - 2006 Great Southern pulpwood ...

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
The government's proposed reforms to change the way planners charge for advice will spur the industry's long-term growth, but at the cost of serious headaches and profits during the adjustment period. The minister for financial services, superannuation ...

Debt disclosure to revive agribusiness

MICHELLE BALTAZAR  |  FRIDAY, 9 APR 2010
Almost a year on to the day Timbercorp fell, the future of the agribusiness industry remains on shaky ground - but proposed measures demanding agribusiness operators to open their books to the public, including how much debt they owe, could renew investor ...

ASIC cancels Teys Property AFSL

ASIC RELEASE  |  FRIDAY, 26 MAR 2010
... administrators of Teys to ensure the timing of the cancellation would not adversely impact investors in the managed investment scheme operated by Teys. According to an ASIC statement, Teys went into external administration on 5 March 2010. Adam Shepard ...

RFM to bring cashflow back to Great Southern MIS

RUTH LIEW  |  MONDAY, 1 MAR 2010
Breaking out from the usual tradition of failed managed investment schemes being wound up, the newly-appointed responsible entity of two Great Southern almond schemes are giving investors another option that could get them more of their capital back. ...

ASIC blocks Tankstream

ASIC RELEASE  |  WEDNESDAY, 10 FEB 2010
ASIC has issued final stop orders on unsolicited offers made by Tankstream Funds Management to investors in 16 unlisted Centro MCS property syndicates. The orders follow Tankstream making a series of unsolicited offers for up to 50 per cent of the interests ...

Securitor adds planners and expands research

MICHAEL HOBBS  |  WEDNESDAY, 9 DEC 2009
Westpac-owned Securitor has grown its number of practices by 16 over the past year and has set in motion a new strategy to offer planners more investment research and aid them in their work. Neil Younger, head of Securitor, said the dealer group, which ...

RBC Dexia wins Aberdeen mandate

COMPANY RELEASE  |  MONDAY, 30 NOV 2009
RBC Dexia Investor Services has been awarded a mandate by Aberdeen Asset Management to provide unit registry services for the funds which it purchased from Credit Suisse. "We already have a strong relationship with RBC Dexia, which is currently the ...