MM Newsletter
13 Apr 2023
Latest News
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Advice fees rise 40% in five years

Financial advice fees have risen by close to 40 per cent over the last five years and the majority of advisers expect to hike fees further in the coming years, according to research.

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Grattan Institute’s bold reforms to boost revenue

Redesigning the Stage 3 tax cuts and increasing the age to access super by five years are among the suggestions from the Grattan Institute to boost revenue.

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Investors shun equity funds with $500m outflows

Equity funds saw outflows of more than $500 million in the first quarter of 2023, the highest proportion since the start of the pandemic.

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BT and Striver collaborate on new adviser talent program

With over 20 events to take place across Australia, the newly launched program aimed to attract and develop the next generation of financial advisers.

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Inflation puts young Australians on edge

As younger Australians navigate their first period of rising inflation, almost half of Gen Z say they are unprepared and ill-equipped to make financial decisions amid the rising cost of living, according to Finder.

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CBA wealth and advice exec joins Allianz Australia

Shez Ford, former wealth and advice executive at CBA, has moved over to Allianz Australia as chief general manager, consumer.

Expert Analysis
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Why digital is key to dealer groups’ adviser proposition

Dealer groups that win the adviser relationship will be those that place digital at the centre of their adviser value proposition, according to Midwinter.

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