MM Newsletter
  05 March, 2021
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Latest News
Money Management Original
Another 30 advisers leave the industry this week
Although a quick look at the ASIC’s Financial Adviser Register shows a departure of another 33 advisers from the industry this week, it is equally important to understand what those numbers really mean in terms of the exit of real, practicing advisers.
Money Management Original
Should the industry be paying for ASIC’s policy advice to Govt?
The Australian Securities and Investments Commission is recouping millions of dollars from the industry to pay for the provision of policy advice to Government. Should the industry be paying?
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Industry News
AMP launches free intra-fund advice service
The offering is a phone-based conversation to cover super contributions, insurance, and investments for AMP’s Super Directions Fund members.
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Industry News
Montgomery IM partners with Polen Capital
The partnership will create two Polen Capital global growth strategies available to Australian investors for the first time.
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Industry News
Pandemic has worse effect on women’s mental health
Women have been more likely to be adversely affected by the pandemic when it came to work, increasing the likelihood of them suffering a mental health condition, according to Superfriend.
Industry News
Midwinter partners with Worksorted
The partnership will integrate AdviceOS with Worksorted to integrate and streamline the advice process.
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Industry News
Haynes to leave CEO role at Lonsec
Lonsec have a new chairman and will be seeking a new chief executive following the announcement that Charlie Haynes will be leaving the research and ratings house.
Industry News
Civil proceedings against Statewide Super on false or misleading charges
The corporate regulator has commenced proceedings in the Federal Court against Statewide Superannuation for its representations on insurance cover.
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Industry News
Acadian appoints responsible investing director
Andy Moniz will oversee the firm’s environmental, social, and governance strategies, related research initiatives, and active ownership tactics.
Industry News
MLC AM appoints multi-asset PM
Anthony Golowenko has been appointed as portfolio manager for the multi-asset capital markets research team.
Outsiders
Money Management Original
Dear Jane, it’s a different tune but the same hymn sheet
Outsider has been hoping beyond hope that “Persevering Jane”, the Minister for Superannuation, Financial Services and the Digital Economy, Senator Jane Hume, was speaking tongue in cheek when she told the recent Association of Superannuation Funds of Australia conference that she was receiving good news from super fund boards and executives which did not line up with the bad news from industry organisations.
Money Management Original
Heroes come and heroes go but advisers soldier on
Financial planners are more often kicked than heaped with bouquets in the Federal Parliament and so when politicians come along prepared to listen to financial planners and challenge the positions and decisions of the Australian Securities and Investments Commission then they are much to be treasured.
Money Management Original
Manfully facing up to the impending absence of Facebook
It will surprise no one that Outsider is not “on” Facebook. He is definitely on what most would know as “Wrinkly Facebook” aka LinkedIn, but he has never thought that Facebook was the right forum for a gentleman of his stature.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia