MM Newsletter
  09 November, 2020
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Money Management Original
It's unanimous - advice bodies deliver FASEA a fail
A wide cross-section of the financial advice industry has delivered a harsh message to the Financial Adviser Standards and Ethics Authority about the continuing shortcomings of its code of ethics guidance.
Money Management Original
Life Code Committee to get increased sanctions power
The Life Code Compliance Committee is to be given the power to impose sanctions on life insurers if they fail to live up to their obligations under the Financial Services Council Life Insurance Code of Conduct.
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Money Management Research
Indian equity funds struggle to make returns
As the number of COVID-19 cases for the country is the second highest in the world, Indian equity funds are looking to government stimulus and reforms to support the country’s economic recovery.
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Industry News
Australians support increasing SG
The majority of Australians support increasing the superannuation guarantee to 12%, according to the survey.
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Industry News
SMSF member increase due to pass
After recommendation from the Senate Economics Legislation Committee, legislation to increase the maximum number of SMSF members from four to six is expected to pass through Parliament.
Industry News
Fees prompt advisers to manage assets off-platform
Almost a quarter of client portfolios are being managed off-platform, according to Investment Trends, as a way of avoiding high platform fees.
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Industry News
Accounting bodies unite for mental health training
Over 5,000 accountants will receive training in providing mental health first aid to assist clients across Australia by 2022.
Industry News
Consider EM bonds for income: VanEck
Some emerging market countries were as liquid and structurally sound as developed countries and boasted foreign exchange reserves, according to VanEck.
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Industry News
First Sentier bolsters direct infrastructure leadership
The asset manager has made several leadership appointments to help evolve its global management structure.
Editorial
Money Management Original
ASIC needs to be a regulator, not a revenue centre
The standing aside of Australian Securities and Investments Commission chair, James Shipton, points to fundamental issues with respect to the regulator.
InFocus
Money Management Original
InFocus: Will commercial reality drive consolidation of planning organisations?
The two largest financial planning organisations have increasingly been singing from the same hymn book in delivering their policy messages to Canberra but they are still some distance from the next step – a merger, Mike Taylor writes.
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