Editor's Choice
ALEX BURKE
In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers.
JAMIE WILLIAMSON
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million.
ALEX BURKE
Two Blue Sky funds have been rated "unapproved" and "low investment grade" by SQM Research after the manager conceded it had fallen short of shareholder expectations.
KARREN VERGARA
The financial advice industry is grappling with a sales culture mentality and is only at the "cusp" of being a "true profession," this morning's session of the Royal Commission has revealed.
ALEX BURKE   The former chief executive of ANZ-aligned RI Advice told the Royal Commission the group took "too long to act" on adviser misconduct.
ALEX BURKE   The Turnbull Government's initial resistance to the Royal Commission was targeted by social media this week.
KANIKA SOOD   A $1.4 billion ETF manager believes growth in the sector will soar as the Royal Commission hears evidence on the conflicts of interest within vertically-integrated institutions.
JAMIE WILLIAMSON   Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million.
KARREN VERGARA   Freedom Insurance Group (FIG) announced it will acquire a bank's insurance arm for $65 million.
KARREN VERGARA   ANZ Wealth's new artificial intelligence-powered underwriting capability has completed a successful test phase with a group of tradespeople.
KARREN VERGARA   Self-managed super funds' home bias dragged returns for the sector in the 12 months to February, latest SuperGuard 360 research shows.
KARREN VERGARA   Self-managed super funds have been unfairly subjected to too much red tape, according to Financial Standard's latest survey.
BENJAMIN ONG   The weakening trend in Australian employment growth indicates more Australians are waiting to replace you and I should we ever imagine handing in our resignation letters.
BENJAMIN ONG   Speculators speculating on the US Federal Reserve's next monetary policy movement should pay close attention to the Beige Book Report.
KANIKA SOOD   As the Royal Commission disbands for the week, Financial Standard summarises all the evidence heard on day four and five of the financial advice industry's turn before Commissioner Kenneth Hayne.
ALEX BURKE   In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers.
KANIKA SOOD   HUB24 has created two distribution roles, appointing two former Colonial First State executives.
JAMIE WILLIAMSON   Craig Meller has stepped down as chief executive of AMP effective immediately.
KARREN VERGARA   WA Super awarded a superannuation and payroll administration mandate to a new provider.
ALEX BURKE   QIC's global private capital division won a $550 million mandate from one of Australia's largest superannuation funds.
KANIKA SOOD   Australians can now apply for 60% of all wealth management products offered by the country's biggest banks from their mobile phones, according to a fintech which helps financial services companies acquire clients.
HARRISON WORLEY   An artificial intelligence assistant has been integrated into the SMSF software solution used to administer more than 70% of the 600,000 self-managed super funds in Australia.
ALEX BURKE   High-net-worth investors, particularly the growing Asian cohort, have boosted the global art market by 12% after two years of decline.
KARREN VERGARA   Despite numerous initiatives to curb foreign investment, Australia is still a destination of choice for ultra-wealthy investors, according to Knight Frank's wealth report.
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