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Showing 41 - 50 of 136 results for "Trio"

APRA releases report on Trio investigation

KERRIE SYDEE  |  MONDAY, 11 APR 2016
The Australian Prudential Authority (APRA) has released its report on its investigation into the failure of Trio Capital Limited (Trio) and loss of up to $150m. The investigation resulted in the removal of 13 former Trio directors from the superannuation ...

Trio Capital compensation complete

KERRIE SYDEE  |  FRIDAY, 1 APR 2016
The Government will not provide further compensation to two groups of SMSF investors affected by the collapsed Trio Capital. In a statement the government said that the two investor groups, made up of Self Managed Super Fund (SMSF) trustees, were not ...

FoFA end marks start of new advice era

LAURA MILLAN  |  MONDAY, 30 NOV 2015
... change that started in 2009, when Labor MP Bernie Ripoll called for a reform of the advice industry, following the Storm, Trio and Opes Prime collapses. But advisers can expect more regulation to be discussed over the next few months: "Legislation to ...

Implemented Portfolios appoints former Genesys chief

ALEX BURKE  |  THURSDAY, 10 SEP 2015
... executive, product, distribution and marketing. Commenting on the leadership changes, Burridge said, "The new leadership trio gives us a strong team to spearhead our next period of service development. "With a unified passion between us and with the ...

Trio liquidators deny deregistering fraud fund

ALEX BURKE  |  MONDAY, 15 JUN 2015
PPB, the liquidators assigned to the Astarra funds following the 2009 collapse of Trio Capital, have denied rumours they will deregister the Astarra Strategic Fund on June 17. The Astarra Strategic Fund was the primary vehicle, along with the ARP Growth ...

ASIC takes SMSF business to court

MARK SMITH  |  MONDAY, 4 MAY 2015
... increase by SMSFs in geared investment strategies and following the Parliamentary Joint Committee inquiry into the collapse of Trio, ASIC established an SMSF Taskforce in 2012. "The Taskforce meets regularly to examine high-risk and emerging SMSF issues ...

High-calibre superannuation: 2014 CIO and COO Award recipients announced

MICHELLE BALTAZAR  |  WEDNESDAY, 3 DEC 2014
... by two other industry stalwarts, finalists Andrew Spence of Qantas Super and Dr Ian Lundy of Retirement Benefits Fund. The trio are exemplars in their field. Spence built his industry cred while at Towers Watson while Dr. Lundy has been assessing multi-manager ...

Astarra director banned, loses AAT appeal

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... involvement in the investment of ASF assets in certain funds. Astarra was one of the groups caught up in the collapse of Trio Capital. ASIC's investigation into the collapse saw more than 11 people jailed, banned from providing financial services, disqualified ...

Penalties for fund managers too lenient

MARK SMITH  |  WEDNESDAY, 10 SEP 2014
... investigates some of the largest cases of fraud committed by fund managers across four countries including the collapse of Trio Capital in 2009. "The four cases highlight how fraud can easily occur in the managed funds context. What is however a cause ...

Trio-linked fund manager jailed for 25 months

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
An investment manager with links to Trio Capital has been sentenced to 25 months in prison for making false statements while managing the ARP Growth Fund (ARP). Tony Maher, previously known as Paul Gresham, made the false statements over a two-year ...