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Showing 21 - 27 of 27 results for "Managed Investment Fund"

ASIC slaps biggest fine ever

BEN COLLINS  |  FRIDAY, 22 FEB 2013
Financial services watchdog ASIC has handed out a record fine of $500k to a man who ran a $30 million scam targeting SMSFs. David Hobbs of Nelson, New Zealand, who was described as the "mastermind" behind more than a dozen unregistered offshore managed ...

Judgment reserved for accused Ponzi head

MELANIE TIMBRELL  |  MONDAY, 17 SEP 2012
The New South Wales Supreme Court has reserved its judgment in the long-running case against New Zealand businessman David Hobbs, who stands accused of heading a US$42 million Ponzi scheme. ASIC first took action against the unlicensed operators of ...

Treasury heavy handed on portfolio disclosure

BEN COLLINS  |  THURSDAY, 19 JUL 2012
Portfolio disclosure remains a contentious issue for superannuation funds, after it was first flagged in the 2010 Cooper review. It will be a major issue explored at the Financial Services Council annual conference, to be held on 1-3 August at the Gold ...

CFS, ING and APN freeze access to $6bn in capital

MICHELLE BALTAZAR  |  MONDAY, 27 OCT 2008
Colonial First State, ING and APN Funds Management have joined the ranks of the country's leading mortgage funds that have suspended redemptions in the wake of the Government's guarantee on banking deposits, locking up more than $6 billion of investor ...

Barclays wins S&P top prize

KATE HAGE  |  THURSDAY, 7 SEP 2006
Barclays Global Investors (BGI) has taken out the fund manager of the year award at Standard & Poor's annual awards ceremony, held in Sydney last night in association with Morningstar-owned Investor Weekly and IFA trade publications. Also picking up ...

Just Super scraps direct administration fees

In a move that is unlikely to aid potential members comparing fees across superannuation funds, industry fund Just Super has announced it intends to scrap its direct administration fee. Just said in the future all operational costs will be funded from ...

SAITeysMcMahon extends tax-effective grape offering

SAITeysMcMahon Agribusiness has announced an extension of its Treviso Table Grape Project following a product ruling by the Australian Taxation Office (ATO) that it said would add to the tax effectiveness of the scheme. "The objective is to develop ...
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