MM Newsletter
  09 April, 2021
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Latest News
Money Management Original
Advisers find exits and revolving doors
Competition generated by IOOF’s acquisition of MLC Wealth has seen the new quarter start with increased movement of advisers between licensees, with a net gain of 33 roles in April so far.
Money Management Original
CFS to close cash and term deposit products
Attributing the move to its upcoming separation from the Commonwealth Bank, Colonial First State has confirmed the closure of key cash and term deposit products.
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Money Management Original
APRA moves to tighten reinsurance rules
Life insurers will find their ability to use offshore reinsurers limited by new moves being pursued by the Australian Prudential Regulation Authority.
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Industry News
Super performance test gives poor performing funds ‘leg up’
The test does not include admin fees and other non-investment charges which could lead to superannuation funds charging up to four times the median fees, Industry Super Australia believes.
Industry News
Gender parity on financial firm boards not yet a reality
While financial and insurance firms are more like to follow the best gender equality practices they still have the largest gender pay gap, according to the Workplace Gender Equality Agency.
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Outsiders
Money Management Original
Sotto voce not the language of ASIC leadership aspiration
It has been a long time since Outsider involved himself in thespian pursuits but he does recognise a ‘stage whisper’ when he hears one.
Money Management Original
Will the real Tim Wilson please stand up?
Outsider is giving 10 out of 10 to the Australian Prudential Regulation Authority (APRA) for deftly avoiding becoming entangled in the somewhat arcane politics of superannuation.
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Money Management Original
Is there anything Persevering Jane should be telling her boss?
Outsider finds it interesting and just a bit baffling that someone who would advocate that financially-stressed female victims of domestic violence should be able to raid their superannuation accounts simply to put food on the table has become the Minister for Women’s Economic Security.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia