MM Newsletter
08 Dec 2022
Latest News
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INDUSTRY NEWS
Advice fee rises on the horizon

Over 90% of advisers say they plan to increase their fees next year, according to Adviser Ratings, despite fees already having risen 40% since 2018.

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INDUSTRY NEWS
BT distribution head moves to CFS

BT’s head of platform distribution, Chris Mather, is to join CFS as the firm gears up to launch its new Edge platform next quarter.

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INDUSTRY NEWS
Schroders moves to hold 50% of model portfolios in bonds

Bracing for the high likelihood of a recession, Schroders’ model investment portfolio in 2023 will be overweight bonds up to 50%, according to its top executives.

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Money Management Original
The appeal of financial advice to students

There has never been a better time to pursue a career in advice as consumer demand is rising, according to 2022 FPA University Student of the Year winner, Matthew Kanizay.

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Sponsored Content
BlackRock’s Global Market Outlook 2023 - A new investment playbook
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INDUSTRY NEWS
Former adviser convicted of fraud

A former Tasmanian-based financial adviser has been convicted of fraud.

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INDUSTRY NEWS
LGT Crestone and StepStone to launch venture capital fund

LGT Crestone has partnered with StepStone Group to provide an open-ended venture capital offering.

Expert Analysis
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Money Management Original
Five fintech myths advice firms should ditch

Stasis is the enemy of financial advice in Australia today. Some firms avoid changing the way they do business because they are accustomed to doing things a certain way, writes Umesh Banga,

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