MM Newsletter
  02 August, 2022
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Latest News
Money Management Original
What can Australia learn from UK’s financial services legislation?
There is much Australia can learn from the United Kingdom’s regulatory framework, including its strength of being more easily navigable and a focus on outcomes rather than principles, according to the Australian Law Reform Commission.
Industry News
First week of adviser losses for FY23
The financial advice industry has seen its first negative week of losses for the financial year, losing five, although the net gain for the year is still solid at 174, according to Wealth Data.
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Industry News
TAL completes acquisition of Westpac Life business
Westpac has completed the sale of Westpac Life Insurance Services Limited to TAL but expected to report a total after tax loss on sale of $1.37 billion.
Industry News
Frontier opens in Japan
Asset consulting firm Frontier Advisors has established an office in Tokyo, appointing Yuichi Alex Takayama to lead its presence in Japan and the Asia Pacific.
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Five gold misconceptions that could reduce your return
It could be the ideal time for financial advisors to change their stance on gold and recommend it as a worthwhile investment when thinking strategically about diversifying portfolios.
Industry News
KPMG respond to Treasurer’s economic update
KPMG economists have responded to Treasurer Jim Chalmers economic update, stating the inflation forecast is “confronting” for the rest of the year and spending cuts are needed.
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Industry News
FSC appoints Insignia CEO and UBS director to board
The Financial Services Council has announced the appointment of Renato Mota, chief executive of Insignia Financial and Alison Telfer, country head for asset management Australia and New Zealand of UBS Asset Management, as FSC board directors.
InFocus
Money Management Original
InFocus: A joint push for the Quality of Advice Review
The major associations have collectively thrown their weight behind a joint submission to the Quality of Advice Review, Liam Cormican writes, arguing for a more consumer-focused regulatory approach.
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Expert Analysis
Money Management Original
Time, not timing, still rings true
It is a useful reminder that time is one of the best investment defences to keeping the retirement picture intact meaning the old maxim, time, not timing, is still ringing true.
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