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Showing 51 - 60 of 300 results for "Residential property"

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... ensure the product is directed towards them." Earlier this month ASIC issued stop orders on the Australian Residential Property Fund and Private Property Trust No. 20 in response to deficiencies in their TMDs. In late July, ASIC used its powers under ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... occasions. Each instance involved advising the clients to acquire, roll over or retain interests in the US Masters Residential Property Fund and URF-related products. The conduct took place between October 2015 and May 2019. The URF is a unit trust and ...

Stop orders placed on property funds

CHLOE WALKER  |  WEDNESDAY, 14 SEP 2022
... property funds after failings with their target market determinations (TMDs). The two funds were the Australian Residential Property (ARP) Fund and Private Property Trust No.20. The orders prevent the responsible entities of the funds from issuing interest ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure that featured false and misleading ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... million in June 2019, when members first began investing in digital assets. Overseas managed investments and residential property assets worth $1.9 billion and $472 million respectively comprised the majority of the SMSF asset pool. Large amounts are ...

ISPT chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... superannuation funds exposure to direct property. It invests across commercial, retail, logistics, warehousing and residential property in Australia and currently owns a total of 140 properties. Outside of industry super funds, ISPT's investors include ...

Blue Crane Capital launches fintech tool for SMSFs

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
... users and provides a complete analysis and comparison of the SMSF lending market for both commercial and residential property, covering banks, nonbanks and private lenders. The newly launched fintech aims to deliver SMSF borrowers the best interest rate ...

L1 Capital ends Channel Capital deal

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
... International Fund, L1 Capital Catalyst Fund, L1 Capital Australian Equities Fund, and the L1 Capital U.K. Residential Property Fund. L1 Capital thanks Channel Capital for its partnership.

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
Demand for residential property is expected to cool down this year despite the number of auction figures recorded in the final quarter of 2021. With stock levels running low and the potential for interest rates to rise, BuyersBuyers co-founder Pete ...

E&P pulls the plug on DASS

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
... November, defending investors who received dodgy advice in the group's beleaguered ASX-listed US Masters Residential Property Fund (URF). Kosen-rufu, which is part of the class action, attempted to freeze the payable $7.2 million civil penalty ASIC ...