MM Newsletter
05 Jul 2023
Latest News
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A troubled history of DASS

As E&P appoints a new chief executive and the government brings in the CSLR that should help affected consumers, Money Management has collated a timeline of events at the troubled Dixon Advisory and Superannuation Services.

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Over 8,700 FAAA membership renewals so far

The Financial Advice Association Australia has recorded over 8,700 membership renewals, including over 80 per cent of eligible practitioner members.

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FMOTY 2023: L1 Capital Catalyst Fund crowned

Winner of the Innovation Fund category at the Fund Manager of the Year Awards, L1 Capital has shared its views on running a highly concentrated fund with an activist investment style.

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Former RC case study receives penalty for unconscionable conduct

The Federal Court has imposed a combined $13.5 million penalty on Select AFSL, BlueInc Services, and Insurance Marketing Services for engaging in unconscionable conduct.

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Director steps down from Magellan AM board

Magellan Asset Management director, Kirsten Morton, has stepped down from the board.

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RBA leaves rates unchanged

The Reserve Bank of Australia has held rates at 4.1 per cent as the committee wants to allow time to assess the impact of previous interest rates rises.

Expert Analysis
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Federal government to remove buy now, pay later loophole

A move to regulate buy now, pay later providers could have wide-ranging implications and change the investment case for holding them in fund portfolios, write Ursula Noye and Jesse Vermiglio.

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