MM Newsletter
  02 December, 2020
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Latest News
Money Management Original
Have industry funds confounded APRA on political donations?
The Australian Prudential Regulation Authority has admitted that the structures surrounding Industry Super Australia and Industry Fund Services have precluded it finding any sole purpose breaches by industry funds around political donations.
Industry News
Choosing platforms solely based on price breaches best interest
Recommending a super or investment platform is providing financial product advice and advisers need to make sure they meet the needs and objectives of clients, according to The Fold Legal.
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Get access to Healthcare stocks when it matters most
Global Healthcare has outperformed the ASX 200 by 18% since the market peak in Feb 2020. See how iShares ETFs can give you access to healthcare.
Money Management Original
As ASIC begins its LIF review an adviser report tells its own story
As the Australian Securities and Investments Commission kicks off its review of the Life Insurance Framework a new report has defended the value of life/risk commissions.
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Money Management Original
Expect 3 years to return to pre-crisis earnings
With the exception of the Global Financial Crisis, most cycles required only a three-year earnings recovery, according to SG Hiscock.
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A green recovery: the post-pandemic opportunity
AXA Investment Managers’ Michelle Lacey discusses the ‘green lining’ of COVID-19 and why the growth in responsible investing creates a post-pandemic opportunity for advisers and investors.
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Money Management Original
Troubled property fund optimistic after $583m debt refinancing
The US Masters Residential Property fund has detailed how it has closed on a US$430 million debt refinancing following troubles last year.
Industry News
Acadian Asset Management cuts fees
The base and performance fee cuts follow Acadian’s decision to bring wholesale distribution of the funds in-house.
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Industry News
Australians lead the way in alternatives allocations
Almost double the number of investors in Australia are investing in alternatives compared to their counterparts in Asia Pacific, according to PIMCO.
Industry News
Aviva Investors launches climate transition fund
Aviva Investors has announced the launch of its Climate Transition Global Equity fund in Australia, aimed at supporting the transition to a low carbon economy.
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Industry News
FPA makes board appointment
Diana D’Ambra has been appointed as an additional director and will chair the board audit and risk committee.
Industry News
First AI fund launched by Nextgen
The fund would give investors access to the “defining technology of our time” via its investment in artificial intelligence products.
Industry News
ASIC commences civil proceedings against CBA
The Australian Securities and Investments Commission has commenced civil proceedings against the Commonwealth Bank over charging a rate of interest on business overdraft accounts substantially higher than it told its customers.
Features
Money Management Original
2020 – a year of incidents and challenges
Amid the challenges of the COVID-19 pandemic, Australian financial advisers were also witness to significant changes, writes Mike Taylor, not least with respect to AMP and IOOF.
Money Management Original
A community of commitment, trust and companionship
As a part of its wealth management series, Money Management speaks to financial planning groups for their views on the industry. This month, Money Management spoke to Futuro Financial Services’ executive chair, Dennis Bashford, and managing director, Paul Kelly.
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