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MM Newsletter
28 Jun 2024
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Latest News
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Financial planning
Advice industry suffers shocking drop ahead
of EOFY

Financial adviser losses this week are 10 times higher than those of the previous week, as many look to switch licensees before the end of the financial year.

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Financial planning
Advisers mistakenly indicating lack of conflicts at licensees

Some 41 per cent of financial advisers believe they have no conflict of interest in their business, according to a compliance firm.

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Financial planning
FAAA consults on improving efficiencies
without legislation

The Financial Advice Association Australia has detailed strategies that can improve advice efficiencies without the need for legislation.

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Funds management
Should ESG funds cost investors more?

The cost of running an ESG fund is on the rise, and firms and investors are in debate how much this extra cost should impact product costs.

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Financial planning
RIAA to launch sustainable investing course
for advisers

The Responsible Investment Association Australasia has announced an upcoming adviser-focused course to launch next month about ESG integration in advice firms.

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Funds management
Court appoints independent party to verify managed fund’s finances

In an update to the case of managed fund Shield Master Fund, the Federal Court has appointed an independent party to have full control of its bank accounts and prevent the responsible entity from dealing in its assets.

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Podcast
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Editorial
Relative Return: Changing perceptions on responsible investing

In this week’s episode of Relative Return, host Laura Dew speaks with Jordan Cvetanovski, chairman and chief investment officer at Pella Funds Management, about running his own business, ESG, and global equities.

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