MM Newsletter
  30 May, 2022
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Latest News
Money Management Original
Advisers unable to exit seek ‘general advice’ role
Half of advisers who have not passed the financial advice exam still intend to stay in the industry with the most-common role as a mentor of new advisers or in a ‘general advice’ capacity.
Industry News
ASIC sues ANZ over misleading credit card balances
ASIC has commenced civil penalty proceedings against big four bank ANZ for allegedly misleading customers about the available funds and balances in their credit card accounts.
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Money Management Original
‘Sophisticated’ investors struggle with financial knowledge
Consumer protections for sophisticated investors need to be reviewed as the size of their wealth does not necessarily equal their financial knowledge, according to Justice Sarah Derrington, president of the Australian Law Reform Commission.
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Money Management Original
The role for super funds in advice
Superannuation funds have a role to play in providing advice as research by KPMG has found those members who sought advice were less likely to switch funds during market volatility.
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Industry News
Vanguard terminates global multi-factor active ETF
Vanguard has announced the closure of its Vanguard Global Multi-Factor Active ETF, as the industry sees a lacklustre start to the year.
Industry News
ASIC cancels registrations of 10 SMSF auditors
ASIC has cancelled the registration of 10 auditors of self-managed superannuation funds who failed to lodge their annual statements.
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Editorial
Money Management Original
The unintended toll of the Royal Commission
It is no secret that the Royal Commission has impacted advisers but research has highlighted the severe toll it has taken on their health.
InFocus
Money Management Original
InFocus: A shift away from the coalition
There was a shift away from the Liberal party at this year’s Federal election, writes Laura Dew, as independent candidates emerged victorious and stalwarts such as Josh Frydenberg lost their seat.
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