ASIC has issued interim stop orders preventing Perpetual from offering or distributing the Pure Microcap and Geared Australian Share fund to retail investors because of deficiencies in its Target Market Determinations.
The Financial Planning Association has announced the winners of the 2022 FPA Awards and the Gwen Fletcher Memorial Award at the FPA Professionals Congress in Sydney.
The federal government is overhauling transparency requirements so members can access clearer, more meaningful, and more consistent information about their superannuation funds.
A specialist affordable housing fund manager, Super Housing Partnerships (SHP) has launched with founding investment support from industry fund HESTA which has committed $240 million.
ASIC has updated its guidance on naming conventions for licensed Australian exchanges that admit exchange traded products (ETPs) following public consultation.
ASIC has commenced civil penalty proceedings in the Federal Court against fintech company Block Earner alleging it provided unlicensed financial services in relation to its crypto-asset based products and that it operated an unregistered managed investment scheme.
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