MM Newsletter
  21 April, 2021
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Latest News
Money Management Original
Adviser takes ASIC levy complaint to Commonwealth Ombudsman
A veteran self-licensed financial adviser has sought hardship relief from the tripling of the Australian Securities and Investments Commission levy, outlining his complaints in a formal letter to the Commonwealth Ombudsman.
Money Management Original
ASIC only allowed to ban advisers under new disciplinary regime
The proposed Financial Services and Credit Panel will determine whether to impose an administrative sanction, infringement notice, both, or not to take action.
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Money Management Original
Vaccine delay to curb EMs’ economic growth chances
Those developed markets which have successfully rolled out the COVID-19 vaccine are likely to have a three-to-four-year head start over emerging markets which are experiencing delays, according to Janus Henderson.
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Industry News
Perks Private Wealth appoints investment chair
Ellerston Capital chief investment officer, Christo Hall, will become the chair of the investment committee at Perks Private Wealth.
Industry News
Investors in China need to balance ESG risks
Institutional investors allocating capital to China should explore environment, social and governance- driven opportunities, according to Willis Towers Watson.
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Industry News
Concentrated portfolios crucial for Aussie equity funds
The single stock limit of a fund is important to consider when it comes to how concentrated a fund should be, according to Datt Capital.
Industry News
Former Aon Hewitt adviser banned for four years
Andrew Hills has been banned by the corporate regulator for allowing misleading and inaccurate letters about MySuper opt-outs to Aon Master Trust members.
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Industry News
APRA data confirms value of life/risk advice
New data released by the Australian Prudential Regulation Authority has confirmed the value delivered by life/risk advisers while pointing to the continuing problematic nature of disability income insurance.
Industry News
Homesafe to waive upfront fees
The equity release provider will waive upfront fees for all new customers who enquire before 30 June, 2021.
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Features
Money Management Original
Shop 'til you drop
As managers focus on the beneficiaries of COVID-19, there is one sector which has both performed strongly during the pandemic and should continue to do so after, writes Laura Dew.
Money Management Original
A year like no other
The financial consequences of COVID-19 combined with legislative changes mean this will be an unusual tax year for many, Oksana Patron writes.
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