Tag: property investment books
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ASIC Review Targets Superannuation Funds’ Property Investment Expansion
The Australian Securities and Investments Commission (ASIC) has initiated a targeted review aimed at potentially increasing property investments by the superannuation funds in the country. This move by ASIC is significant as it could have implications for the investment strategies of these funds, which play a crucial role in the Australian financial landscape. 30 Properties…
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ASIC Sues Equity Trustees Over Shield Master Fund Collapse
A legal battle is unfolding between Australia’s corporate watchdog ASIC and Equity Trustees Superannuation over the collapse of the Shield Master Fund, which jeopardized the retirement savings of over 5,800 investors. The Shield Master Fund, a property-focused retail fund, crumbled, leaving investors facing the risk of losing approximately $500 million in savings. HOW TO CREATE…