15 March 2010 | Following the Government's prescription for better managed investment schemes disclosure, Brendan Ivers explains how these changes have affected the industry.
1 March 2010 | More than 1,000 investors have found themselves tied up in property development schemes that have been identified as illegal.
15 February 2010 | Bendigo and Adelaide Bank has announced a 23.2 per cent lift in profit at the same time as confirming it has initiated court action over Great Southern arrears.
11 February 2010 | A new tax Bill will protect investors and simplify tax laws, according to Assistant Federal Treasurer Senator Nick Sherry.
9 February 2010 | Litigation funding group IMF has been granted a licence by ASIC that will enable it to fund class actions and multiparty group actions throughout Australia.
5 February 2010 | Litigation funding group IMF Australia has been successful in receiving an exemption from ASIC from having to register several class actions as MISs, but group actions including Great Southern were declined exemption, according to IMF.
21 December 2009 | As 2009 comes to a close, Money Management looks back at the individuals and events that generated controversy.
22 September 2009 | Liquidators confirm Timbercorp will not be able to make interest payments due at the end of the month.
22 September 2009 | A survey of APRA stakeholders suggests they are mostly happy with the regulator, but not on all counts.
9 September 2009 | Australian Agribusiness Group warns that removal of the upfront tax break on non-timber managed investment schemes will impact regional Australian jobs.
9 September 2009 | National Party rejects all agricultural MIS's as unfair to legitimate primary producers.
1 September 2009 | Plunges more than 71 per cent during financial year despite revenue increase.
20 July 2009 | New research has revealed the degree to which investors have fled agribusiness MIS schemes in the wake of the Timbercorp and Great Southern collapses.
15 July 2009 | The Australian Securities and Investments Commission has confirmed it received hundreds of complaints relating to Great Southern and Timbercorp last year, as well as more than 100 relating to other MIS agribusiness schemes over the previous three years.
6 July 2009 | Managed investment scheme specialist FEA has asserted that it is not the subject of an ASIC investigation and that the regulator is probing an external AFSL holder.
2 July 2009 | ITC, Gunns and FEA are satisfied with sales figures in what are challenging markets.
1 July 2009 | Licensing system allowing product providers to hold financial services licences should be investigated.
18 June 2009 | Recent adverse publicity surrounding managed investment schemes has resulted in some companies, including Kimberley Timber, withdrawing their offerings from the market.
5 June 2009 | Lawyer warns that independent analysis is required before the wind-up of Timbercorp schemes.
1 June 2009 | The Australian financial planning industry is again the subject of severe criticism over the collapse of an agricultural managed investment scheme specialist, Great Southern.
28 May 2009 | With Great Southern having entered administration, investors now hold concerns that they will miss out, with the banks seizing their assets.
25 May 2009 | The Timbercorp administrators have painted a bleak outlook for investors in the company's agribusiness schemes.
25 May 2009 | In the wash up of Timbercorp and Great Southern, Forest Properties expresses confidence that it can sell up to 15 per cent of its property portfolio.
11 May 2009 | Great Southern seeks longer suspension of shares ahead of announcement on the sales program for its MIS investments.
26 February 2009 | The diverse agribusiness sector is experiencing both highs and lows in the current downturn, writes AMAL AWAD.