IRESS readies industry for super reformsBY EMMA RAPAPORT | WEDNESDAY, 19 APR 2017 12:30PM
Financial technology provider IRESS is assisting administrators and financial advisers to respond to the introduction of the superannuation laws with several updates.Read more: IRESS, Budget, Fair, Stephen Mackley, Sustainable Super, XPLAN
In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers.
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million.
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.
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.
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