MM Newsletter
  24 September, 2021
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Latest News
Money Management Original
Adviser numbers drop to new low
The financial adviser exodus continues in Australia with the number of actual advisers dropping below 19,000, according to Wealth Data.
Money Management Original
Life insurers ‘irrational’ practices need to stop
Life insurers in search of new business need to curb irrational practices and income protection benefit periods should be shortened to reduce premium increases, according to a panel.
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Money Management Original
Large index ownership raises governance issues for RBA
The rights of large index fund managers has become a larger issue over the last two years as their holdings in companies significantly increase.
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Money Management Original
ACSI queried over sexual harassment double standard
In a Parliamentary committee hearing, the Australia Council of Superannuation Investors has been asked why it has been so concerned about sexual harassment issues in AMP but not in its own member organisation, IFM Investors.
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FE fundinfo to make DDO Data and TMDs available to Advisers
Advisers will soon be able to incorporate DDO data and TMD documents in their portfolio construction and client reporting as FE fundinfo announces that they will be integrating DDO data and TMD documents into their suite of products, including the flagship research tool FE Analytics.
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Money Management Original
UK gives future glimpse for Aussie advice industry
Five years after the UK’s Retail Distribution Review, the number one thing its advice firms are working on is making technology remove the work, according to CoreData.
Industry News
TAL launches new income protection products
The life insurer is offering two long-term options to provide benefits to age 65 and a short-term option to over one, two, or five year periods.
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Industry News
ASIC updates anti-hawking guidance
The corporate regulator has added 12 examples in response to feedback received from its consultation on the prohibition of hawking financial products.
Money Management Original
Retirement income covenant to shape adviser strategies
Although the approaching retirement income covenant will explicitly apply to superannuation trustees, it will be impossible for advisers to pretend like nothing has changed, Challenger’s Jeremy Cooper believes.
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Outsider
Money Management Original
Lessons in playing the market
Having lived through several financial crises – without disclosing how many as it would be rude to bring age into the equation – Outsider has seen his fair share of market mistakes over the years.
Money Management Original
A brutalist WA quarantine
Outsider felt a number of feelings he had never felt before while watching a recent Parliamentary hearing – fear, dread, and slight panic.
Money Management Original
Lost connections
No one saw the COVID-19 pandemic – and our reliance on telecommuting – coming but after having the chance years ago to build a high-speed internet network, Outsider has become frustrated at seeing Coalition MPs laugh off the common dropouts of the system.
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