MM Newsletter
  01 February, 2022
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Industry News
Extra costs likely if wholesale test amendments go ahead: SAFAA
Advisers who have moved away from servicing retail clients could struggle and require further costs and education if a move goes ahead to reclassify wholesale investors, according to the Stockbrokers and Financial Advisers Association.
Money Management Original
Letters of Advice are the way forward
Centrepoint Alliance has thrown its weight behind introducing short and succinct Letters of Advice instead of lengthy Statement of Advice documents, as they would free up time for the adviser and drive down advice costs.
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Why Retirees Need A Certain Confidence
Retirees should be able to sleep easy at night knowing their sharemarket-exposed capital is protected against market falls. Their confidence shouldn’t go up or down on the whims of sharemarkets.
Money Management Original
Expansion of the CSLR is needed to restore trust
The Compensation Scheme of Last Resort needs to include managed investment schemes, funeral insurance policies and debt management firms for the Government to fulfil its Hayne commitments, according to CHOICE.
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Industry News
Digital advice central to quality of financial advice review
Ignition Advice has highlighted the importance of digital advice adoption if the advice industry wants to address the advice gap and deliver on the Quality of Advice Review’s aim of high-quality affordable advice.
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Helping Advisers Promote your Managed Accounts
How can managed account providers make their products more compelling to advisers to leverage the continued growth and adoption of these investment solutions?
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Industry News
China poised to benefit from regulatory ‘tailwind’
While China’s regulatory reforms have shaken confidence among many investors, the compelling nature of some of China’s high-quality, innovative growth businesses should reward investors over the longer term.
Industry News
Irongate Group targeted by Charter Hall managed partnership
Charter Hall, alongside Dutch pension fund PGGM, has issued a non-binding, indicative proposal to acquire real estate investment manager Irongate Group.
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Industry News
Class shareholders approve HUB24 acquisition
The resolution to approve the scheme of arrangement under which HUB24 will acquire all shares in Class has been approved by Class shareholders.
Industry News
VGI Partners agrees merger with Regal Funds Management
A merger between global equity fund manager VGI Partners and Regal Funds Management is expected to go ahead, subject to each business completing confirmatory due diligence, negotiation of terms and final board approvals
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Industry News
Centuria’s AUM hits $20.2 billion
Centuria Capital Group has announced FY22 earnings guidance upgrade as its assets under management hit $20.2 billion in HY22.
Expert Analysis
Money Management Original
Assessing climate risks for emerging markets
In light of the recent COP26, Patrick Russel examines the sensitivities of climate change, in terms of risks and opportunities for the emerging market equity asset class.
Money Management Original
Advisers key to income protection changes
Advisers play a critical role in supporting the transition to sustainable insurance products, writes Aaron Newman, but the industry needs to support advisers with this transition.
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