MM Newsletter
  01 April, 2020
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Latest News
 
Are super funds dropping the ball on switching advice?
Respondents to a Money Management survey have pointed to the mislabelling of industry fund’s investment options and the absence of enough advice around switching to cash. For more.
 
Early release super – speak to a planner first says FPA
The Financial Planning Association has found itself in accord with industry funds in suggesting that early access to superannuation should be a last resort and something only pursued after speaking with a planner. For more.
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Coronavirus pandemic: difficult trade-offs
Brandywine Global’s Francis Scotland explores the prospects for improved sentiment as nations become better at balancing the trade-off between containment and economic disruption. For more.
 
Tech funds see recovery from global sell-off
Technology funds have experienced inflows every week in 2020 despite markets crashing due to the COVID-19 pandemic, according to data. For more.
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Four Aussie equity funds were trending down before COVID-19
There were four Australian equity funds that began experiencing losses before COVID-19 hit the market. For more.
 
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Lessons for investors from unconventional monetary policy
As the uncertainty in the global economy persists, large scale strategies such as zero and negative interest rates are being considered by central banks and likely to become mainstream. It’s important for investors to understand the effects. For more.
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Count Financial welcomes Affinitas
Affinitas Financial Planning is now Count Financial’s newest corporate authorised representative. For more.
 
Expect COVID-19 lawsuits warns lawyers
Dozens of class actions lawsuits are being filed in the United States as thousands lose their jobs over COVID-19. For more.
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New AFSL for entities who sell funeral expenses facilities
The Australian Securities and Investments Commission has announced that entities who sell funeral expenses facilities will be required to hold an Australian financial services licence from 1 April, 2020. For more.
 
ASIC gives capital raising relief
Listed firms that have been suspended for up to 10 days will be allowed certain ‘low doc’ offers such as rights offers, placements, and share purchase plans, even if they did not meet all the usual requirements. For more.
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Atlas Advisors adds two Macquarie directors
Former Macquarie Group executive directors Arthur Porter and Craig Swanger have joined Atlas Advisors Australia. For more.
Features
 
Keep calm and carry on
The chaos caused by COVID-19 is likely to be the final straw to tip Australia into its first recession in 30 years, with managers saying it could be ‘hard to escape’, Laura Dew finds. For more.
 
Are managed accounts suitable for all?
While managed accounts have been steadily growing in Australia, there are still a number of advisers who have doubts when it comes to outsourcing their investment process capability, Oksana Patron writes. For more.
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