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Showing 11 - 13 of 13 results for "Sole Purpose Test"

Financial System Inquiry addresses impact investment market

RACHEL ALEMBAKIS  |  FRIDAY, 18 JUL 2014  |  NEWS
... "[t]his despite there being no explicit prohibition to impact investment provided superannuation trustees meet the sole purpose test," the report said. The report also said that "relatively simple instruments" such as social impact bonds are subject ...

LUCRF Community Partnership Trust opens in South Australia

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUL 2013  |  NEWS
... CPT's work as a way of marketing itself, it does not conflict with trustee's investment obligations under the sole purpose test. "We worked the program through the regulator some time ago and the regulators are happy as long as we can demonstrate that ...

Superannuation funds urged to examine impact of investments

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2013  |  NEWS
... obligations and whether investing for economic and social return is compatible with obligations such as the SIS Act's sole purpose test. "It's tempting to ask whether it can be done without compromising the returns and so satisfy our fiduciary obligations ...
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