The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Search Results

Showing 1 - 10 of 53 results for "TMD"

Feature: Private credit | The fine print

RIDDHIMA TALWANI | FRIDAY, 22 MAY 2026

... billion private credit manager, to stop offering some of its products for three weeks on concerns target market determinations (TMD) did not adequately specify an investment timeframe for retail clients. "These products are not bank deposits," ASIC said ...

Pengana plots AI-focused LIT launch

KARREN VERGARA | MONDAY, 4 MAY 2026

... accordance with applicable law (which should be read in full, and considered together with a target market determination (TMD) issued in relation to units in the proposed trust)." At the end of March, ASX-listed Pengana had $3.6 billion in assets under ...

Product showcase: Follow the leaders

STAFF WRITER | MONDAY, 9 MAR 2026

... engaging in any transaction. You should read the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) before making any recommendations to a client. The disclosure documents can be obtained from www.zillerfm.com.

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA | MONDAY, 2 FEB 2026

... contravention will occur". ASIC deputy chair Sarah Court commented there is no value to investors if product issuers develop a TMD for a product but fail to take steps to ensure that those products are distributed consistently with it. "The failure to ...

Clime shutters two funds, offloads retail book

KARREN VERGARA | TUESDAY, 25 NOV 2025

... preliminary ASIC investigation. This involves looking into the fund's compliance with the target market determination (TMD) and product disclosure statement, and whether it has breached the law in relation to its investments. Abernethy said it has ...

ASIC confirms investigation into a Clime fund

KARREN VERGARA | FRIDAY, 31 OCT 2025

... that it has commenced an investigation into the fund with respect to its compliance with the target market determination (TMD) and product disclosure statement, and whether it has breached the law in relation to its investments. "Clime Asset Management ...

La Trobe appoints new liquidity chief

ANGELIQUE MINAS | THURSDAY, 9 OCT 2025

... introduced customer questionnaires. For the US Private Credit Fund, orders were revoked after La Trobe made amendments to the TMD which addressed ASIC's concerns including reducing the percentage of investors' investable assets considered to be appropriate ...

La Trobe has two of three stop orders lifted

ELIZA BAVIN | THURSDAY, 25 SEP 2025

... disclosure, ensuring investors are clear on what they're investing into." ASIC said it continues to have concerns around La Trobe's TMD for the USPC Fund. Those concerns include that the TMD suggests an inappropriate level of portfolio allocation given ...

ASIC issues interim stop orders to RELI Capital

RIDDHIMA TALWANI | FRIDAY, 19 SEP 2025

... suitable for their financial objectives. Its action follows concern that the target market in the target market determination (TMD) for the fund includes investors who intend to hold the fund as a core component, seeking capital preservation with no ...

ASIC issues interim stop orders to La Trobe Financial

JAMIE WILLIAMSON | FRIDAY, 19 SEP 2025

... into the 12 Month Term Account while we work to promptly address these issues." For the US Private Credit Fund, ASIC said its TMD suggests an inappropriate level of portfolio allocation given the risks of the fund and does not adequately specify an investment ...

PAGE:

Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

Videos

Brought to you by

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

A guaranteed future

Follow the leaders

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Maintaining a fundamental focus in a world obsessed with the short term

The market has changed. The opportunity hasn't.

Strength amid noise

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE