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MM Newsletter
30 Aug 2024
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Latest News
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Financial planning
Advisers report alleged ‘bullying’ by
product providers

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by product providers.

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Financial planning
New adviser retention makes positive recovery

The number of new entrants in the financial advice profession who have since departed this year has seen an improvement from the amount that left in 2023.

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Promoted Content
Free e-book: Portfolio Construction Guide 2025

Download Money Management’s Portfolio Construction Guide 2025 to explore and demystify five asset classes that will assist advisers in enhancing portfolio construction strategies.

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Financial planning
Dixon Advisory issues ‘resolved’, says E&P

E&P Financial Group says outstanding legacy issues related to the Dixon Advisory collapse have been resolved, passing the buck for its compensation onto financial advisers via the CSLR.

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Funds management
Platinum unveils insto partnerships to
boost growth

Platinum has announced it will partner with global institutional managers to help boost their retail presence as part of its new growth strategy, as well as reporting a 45 per cent NPAT drop.

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Funds management
Perpetual reports $472m loss, chair D’Aloisio
to retire

Perpetual has reported a statutory loss of $472 million for FY24 after experiencing heavy asset management outflows, while chairman Tony D’Aloisio is to retire from the board after eight years.

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Funds management
Australian Ethical NPAT rises 80%, appoints former Pendal CEO

Australian Ethical has reported 80 per cent growth in its FY24 statutory net profit after tax, with its board set to welcome Pendal’s former CEO next month.

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Podcast
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Editorial
Relative Return: Where MFS is seeing
bond opportunities

In this episode of Relative Return, host Laura Dew speaks with Owen Murfin, investment officer and institutional fixed income portfolio manager at MFS Investment Management, to discuss opportunities in bonds amid potential rate cuts.

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