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Showing 761 - 770 of 4735 results for "distribution"

FSC updates TMD template for fund managers

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... DDO regime represents a transformative change in the way the financial services industry approaches the design and distribution of products to consumers." "The FSC's updated TMD template, a key part of the DDO regime, provides an important step up in ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
The Senate Economics Legislation Committee has urged the government to review laws that would impact franked dividends funded by capital raisings. In February, the government tabled the Treasury Laws Amendment (2023 Measures No.1) Bill 2023 which among ...

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
Mitrade Global has been hit with the first stop order to be issued under the design and distribution obligations' (DDO) failure to take reasonable steps provision, with the order relating to its distribution of contracts for difference (CFD). The stop ...

Macquarie AM wins manager of the year: ILAs

STAFF WRITER  |  FRIDAY, 2 JUN 2023
... offer good investment solutions to Australian investors. "There are a lot of products available now through multiple distribution channels, such as unlisted unit trusts and exchange-traded products. Our role is to help investors identify which products ...

MAX Awards recognises best of the best

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... executive director of institutional business and adviser services Vinnie Wadhera winning the Executive of the Year - Distribution category. The exchange-traded fund specialist also won Marketing Campaign of the Year - Consumer. Generation Life stood ...

Spaceship told to cease super, funds distribution

JAMIE WILLIAMSON  |  FRIDAY, 2 JUN 2023
... and Spaceship Super - marking the first time a super fund has been penalised with stop orders under the Design and Distribution Obligations. The orders were served on May 31, barring Spaceship Capital and its issuer Diversa from distributing or providing ...

Nanuk launches currency hedged unit class

ANDREW MCKEAN  |  WEDNESDAY, 31 MAY 2023
... World Fund to provide a safety net against the impact of currency fluctuations on investment returns. Nanuk head of distribution Dan Powell said: "Over the past 12 months, there has been a growing demand from advisers for a currency hedged version of ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
Muzinich and Co is rolling out its MLoan fund to Australian investors, expected to be available in July. MLoan, which replicates Muzinich's parallel lending strategy launched in 2018, invests predominately in private European senior secured, floating ...

Fractional farmland investing platform launches

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
Real estate and advisory firm LAWD partnered with fractional investing platform Bricklet to launch LAWD Bricklet, a venture designed to democratise ownership of Australian farmland. The offering sees a LAWD Bricklet 'head title' split into a co-ownership ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
... Australia's finance and banking sectors conducted their business. Mandating Target Market Determinations and Direct Distribution Obligations, and instilling more powers into ASIC and APRA, were some of the effects. The fallout also included the near ...