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Showing 681 - 690 of 3206 results for "Scheme"

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
... financial services without an Australian financial services licence and had been operating an unregistered managed investment scheme that was required to be registered. ASIC said it sought to protect the assets of Ascent and its clients after findings ...

Yarra adds market neutral fund

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
... investment objectives." Joining Yarra's suite of funds, the market neutral offering is now a registered managed investment scheme open to all wholesale and retail investors in Australia, and now has a minimum investment of $10,000, previously $250,000. ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
ACCC chair Gina Cass-Gottlieb has said the regulator is focused on promoting effective competition, investigating allegations of anti-competitive conduct, and protecting the interests of consumers in the financial services sector. Speaking at an AFR ...

Volatile crypto markets need better regulation: CHOICE

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
CHOICE has made a submission to the federal government, providing a framework on how to better protect consumers from risks associated with cryptocurrency. According to the latest data from CHOICE's national consumer survey, one in five Australians ...

AFCA adopts user pays funding model

CASSANDRA BALDINI  |  TUESDAY, 31 MAY 2022
... Further, the superannuation levy has been abolished and super funds have been brought under the same fee structure as other scheme members - with a positive or neutral impact for most super fund trustee members. Investment and advice members will either ...

AGL abandons demerger, leadership resigns

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... Graham Cockroft will oversee the strategic review. AGL have advised it will approach the court for orders to cancel the scheme.

A mixed year for super: KPMG

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... investment markets and the super sector rebounded from the initial impacts of the pandemic but the Early Release of Super scheme continued to impact membership. The early release payments and the first stage closure of eligible rollover funds contributed ...

Charter Hall co-founder eyes Australian Unity Office Fund

CHLOE WALKER  |  MONDAY, 30 MAY 2022
... Australian Unity received an all-cash proposal to acquire all the issued units in its Office Fund (AOF) by way of a trust scheme from property development and fund management business Aliro Group. Aliro Group is offering $2.45 cash per AOF unit. Established ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
Funds under administration (FUA) in managed accounts platforms increased by almost 50% per annum in the last three years alone, according to Rainmaker Information. Analysing figures previously published by the Institute of Managed Account Professionals ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
... anticipated as lump sum benefit payments have reverted to longer term trends following the removal of the Early Release Scheme. APRA statistics laid bare the ramifications of the super early release scheme showing a relatively stable five-year trend ...