‘Houston, we have a Spaceship problem’; FSCP publishes first adviser misconduct verdict

Four interim stop orders issued against Spaceship are the latest in a series of issues between the investment firm and the regulator over the last five years.

Single disciplinary body the Financial Services and Credit Panel has published its first outcome, relating to an adviser who impersonated a client on the phone.

Contrary to claims that finfluencers are a more accessible alternative to advisers, this licensed finfluencer believes she plays a complementary role towards easing investors into financial advice.

The former chief executive of an ASX-listed asset manager and industry veteran has joined the board of online investing platform Stake as chairman.

A year-long research program by fund manager Alphinity and CSIRO aims to provide a framework to assess, manage, and report on responsible artificial intelligence risks.

ASIC has suspended the Australian Financial Services (AFS) licence of a managed investment scheme and general advice provider after it failed to lodge financial statements and audit reports for the financial years 2019–2022.

While investors have moved past the idea of ESG as a kind of philanthropic activity, the uncertainty and volatility of markets this year could end up pitting ‘values’ against ‘value’.