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Showing 431 - 440 of 471 results for "Managed investment scheme"

Agribusiness cops a caning from ATO

HAMISH MADDEN  |  THURSDAY, 8 FEB 2007
Non-forestry agribusiness managed investment schemes (MIS) are set to have their taxation position drastically altered after Assistant Treasurer Peter Dutton yesterday announced the Australian Taxation Office was preparing a new Draft Ruling on the ...

End for scheme scamming Greek community

HAMISH MADDEN  |  FRIDAY, 2 FEB 2007
An unregistered managed investment scheme has been ordered into liquidation and its directors banned from carrying on a similar business after they raised over $2.5 million from investors, predominantly from Melbourne's Greek community. The Supreme ...

Tassie investment schemes wound up

HAMISH MADDEN  |  FRIDAY, 20 OCT 2006
The Australian Securities and Investments Commission (ASIC) has succeeded in its bid to have two Tasmanian unregistered managed funds wound up. ASIC obtained orders in the Tasmanian District Registry of the Federal Court of Australia to wind up the ...

AFM gets expanded AFSL

ALEX DUNNIN  |  TUESDAY, 12 SEP 2006
Distribution, sales, marketing and compliance adviser Australian Funds Marketing (AFM) has been granted an expanded Australian Financial Services License to operate registered managed investment schemes. "This makes AFM a one-stop shop for responsible ...

Accountants to investigate investment scheme

HAMISH MADDEN  |  MONDAY, 31 JUL 2006
Investigative accountants have been appointed to examine an Intertax managed investment scheme after a court application by the Australian Securities and Investments Commission (ASIC). The Intertax Group, of which David Palmer, Max Collins and Philip ...

MISs distort agribusiness sector: McGauran

HAMISH MADDEN  |  TUESDAY, 4 JUL 2006
Federal Agriculture Minister Peter McGauran has joined calls from some in the agriculture industry to curb the involvement of managed investment schemes chasing a tax break through the sector. Speaking to ABC's NewsRadio yesterday afternoon, McGauran ...

Two directors cop ASIC bans

HAMISH MADDEN  |  MONDAY, 19 JUN 2006
... following an investigation into their involvement in three companies associated with an unregistered managed investment scheme, Investors Choice Fund. The court orders banning Forshaw and Bottari followed earlier declarations in Melbourne's Federal Court ...

Directors banned over unregistered schemes

Two directors of Atlantic 3 Financial have been banned from managing a corporation following applications made by the Australian Securities and Investments Commission (ASIC). Dr Fredric Acker was banned for 10 years by the Supreme Court of Queensland ...

UBS sets sights on global infrastructure

UBS Australia will be using the worldwide reach of its Swiss parent to offer Australian investors a slice of the global infrastructure market. UBS Global Asset Management has this week launched the UBS Global Infrastructure Securities Fund. The fund's ...

ASIC winds up managed investment scheme

The Australian Securities and Investments Commission (ASIC) has moved to wind a managed investment scheme operated by South Australian man Guiseppe Mercorella. ASIC alleges that the scheme is in breach of the Corporations Act 2001 (the Act) since 2002 ...