MM Newsletter
  19 March, 2021
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Latest News
Money Management Original
AMP FP falls through 800 adviser mark
AMP Financial Planning has seen its adviser numbers drop below 800 this week, according to HFS Consulting.
Money Management Original
Warning that APRA test could send super funds to wall
The failure of superannuation funds could become a self-fulfilling prophecy if the Australian Prudential Regulation Authority inappropriately applies the proposed superannuation performance test.
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Money Management Original
Hume equivocates on lifting SG to 10%
The Government is continuing to hedge its bets on delivering the scheduled increase in the superannuation guarantee to 10%.
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Money Management Original
Advice documentation a major exam problem area
In the last four exams, the Financial Adviser Standards and Ethics Authority has acknowledged that advice documentation is a problem area with exam performance.
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Industry News
‘Proactive management’ in emerging markets optimises alpha
Proactive management allows managers to move beyond traditional active and passive management approaches and capture a wider opportunity set in emerging markets, according to Eaton Vance.
Industry News
Westpac sells lenders mortgage insurance business
Westpac is exiting lenders mortgage insurance by selling the business to Arch Capital with appropriate warranties and indemnities.
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Industry News
Link Group launches quoted managed funds
Link Group and Switzer Asset Management have re-launched the Switzer High Yield Fund as a quoted managed active exchange-traded fund.
Industry News
Call to impose an exit fee on big banks to pay ASIC levy
The Advisers Association is calling for the big banks who have exited wealth management to be charged a per-adviser exit tax to help defray the costs of the ASIC levy.
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Industry News
Life insurers need to clarify responses to new regime: Synchron
Synchron has issued an urgent call for life insurers to clarify responses to the new Unfair Contract Terms regime.
Outsiders
Money Management Original
Is the Govt turning superannuation into Afterpay?
Make no mistake, Outsider is a big fan of superannuation possibly because he was reporting on it when the Hawke/Keating Government cemented the Prices and Incomes Accord which ultimately gave rise to award superannuation and then the superannuation guarantee.
Money Management Original
Blends are OK, but why aren’t diversity panels diverse?
Outsider is pleased that, even though it took too long, the issue of diversity has become an important matter for many financial services firms, on the surface at least.
Money Management Original
Will offshoring result in yesterday’s answer tomorrow?
As someone who has had to deal with offshore service providers, Outsider is very interested in the suggestion that paraplanning services can be satisfactorily provided by people sitting offshore, probably on the Indian sub-continent.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia