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Showing 471 - 480 of 539 results for "Supervision"

AWM posts $65m profit

MICHAEL HOBBS  |  THURSDAY, 28 AUG 2008
... addition, the firm recorded funds under management and advice (FUMA) of $34.5 billion and $25.9 billion in funds under supervision. The firm's wealth management business, Wealth Manager, restructured resulting in a drop in practice and financial planning ...

SMSF trustee faces criminal charges

RUTH LIEW  |  WEDNESDAY, 6 AUG 2008
... is the first to be laid against a trustee of a self-managed superannuation fund under the Superannuation Industry (Supervision) Act 1993 Act. The matter returns to the Downing Centre Local Court on 19 August 2008.

The house that Sherry built

MICHELLE BALTAZAR  |  WEDNESDAY, 9 JUL 2008
... current 9 per cent. He was also there when the regulatory framework of the industry - the Superannuation Industry (Supervision) Act - was developed and became law. His view is that since then, the system was "built in bits", which led to a system that ...

Goodbye ACMSF, hello Sunsuper

RUTH LIEW  |  WEDNESDAY, 9 JUL 2008
... of all members and assets of the ACMSF to Sunsuper under successor fund provisions of the Superannuation Industry (Supervision) Act 1993," said the fund. According to ACMSF, the fund's Trustee selected Sunsuper as the successor fund because of its "profit-for-members ...

ASX listing breaches hit 13pc

RUTH LIEW  |  MONDAY, 30 JUN 2008
... year - prompting warnings that those who violated the law could face ASIC investigation. According to the ASX Markets Supervision (ASXMS), approximately 538 or 13 per cent out of 4,137 notices breached the listing rule requirement to disclose to the ...

Credit Suisse AM and AWM sign $340m trustee deal

... cent of financial advisory and broking firm Ord Minnett. AWM had funds under management, administration, advice and supervision of $67.8 billion as at December last year. Michelle Baltazar

Trust on track after revamp

... Operating EBITDA was 18 per cent to $23.1 million on revenues up 12 per cent to $61.5 million. Total group funds under supervision stood at $122 billion as at year end. But underneath numbers, the 100-year old plus company is doing some major re-jigging ...

ATO warns on super loans

WWW.THESHEET.COM  |  MONDAY, 7 APR 2008
... had to ensure that in entering into a loan contract they did not breach provisions of the Superannuation Industry Supervision Act that prohibit the acquisition of in-house assets or that require that the sole purpose of superannuation investment is to ...

FSA changes practices after Northern Rock

MICHAEL HOBBS  |  FRIDAY, 28 MAR 2008
... Rock's management and poorly analysed the firm's exposure to changing market conditions. However the review found FSA's supervision of Northern Rock did not reflect the normal supervision levels of "high impact firms" and the outcome would not have changed ...

ATO releases draft rulings on SMSFs

... is 'received' before the end of 30 June 2009 (for the purposes of paragraph 71D(d) of the Superannuation Industry (Supervision) Act 1993). SMSFR 2007/D1 is available for comment until 19 October 2007 while SMSFD 2007/D1 is available for comment until ...