The latest issue of Financial Standard now available as an e-newspaper
|ASIC says superannuation funds' whistleblower policies are missing key information, including how whistleblowers can protect themselves, and should be published widely.|
|Macquarie Securities Australia (MSA) has copped a $126,000 fine for breaching market integrity rules, making this its fifth infringement in the last six years.|
|ASIC has banned the managing director of Theta Asset Management for four years from the financial services industry.|
|ASIC has taken action to wind up PE Capital Funds Management and its managed investment schemes.|
|The corporate regulator identified several ongoing investment scams including duping consumers into establishing self-managed super funds, and advertisements for crypto-asset and contracts for difference disguised as fake news articles.|
|Among several other initiatives aimed at boosting women's economic security, the government has confirmed it will not proceed with plans to extend the early release of superannuation to family and domestic violence survivors.|
|Buried deep within budget documents are several steps the government will take to further boost our financial system, including greater powers for regulators and $11.2 million to enhance super fund member outcomes.|
|Ahead of the federal budget tonight, there is already some good news for the superannuation sector and small businesses.|
|A self-styled investment guru and social media wealth expert has had her Australian credit licence cancelled by ASIC.|
|The government has announced a $1.2 billion investment to support the digital transformation of the economy and measures to encourage business investment in technology, ahead of the federal budget.|
Australian Ethical introduced a new high conviction fund to wholesale clients, investing in a range of sectors including local healthcare, renewables and technology stocks within the S&P ASX 300.
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final.
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management.
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