MM Newsletter
  16 November, 2020
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Latest News
Money Management Original
FASEA and ASIC face Parliamentary code of ethics scrutiny
Both the Australian Securities and Investments Commission and the Financial Adviser Standards and Ethics Authority face having to explain the circumstances behind a key submission lodged during its code of ethics consultation.
Industry News
Tech could make or break advice businesses
The volume of regulatory change means it is becoming impossible to do business as a financial planner using old technology and old ways of operation, according to the Financial Planning Association.
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Money Management Original
Hume flags continuing hardline on super defaults
The Federal Government has signalled it will not be relenting on making superannuation funds perform and be more transparent for members.
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Industry News
Alternative funds in Asia Pacific need to address new challenges
Alternative funds managers in Asia Pacific need to focus on the challenges of growth in a COVID-normal environment which will include ESG products and diversity and inclusion.
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Industry News
Mike Baird appointed Business Growth Fund chair
The former NSW Premier will replace Will Hodgman who will step down as inaugural chair of the Australian Business Growth Fund chair.
Industry News
Social distancing leads to fewer winter deaths
The social distancing measures enforced by COVID-19 contributed to fewer deaths as Australia avoided the usual ‘hump’ of deaths in June and July.
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Industry News
Former wealth and risk management director charged
Joshua Fuoco has been charged for managing a corporation whilst disqualified and for failing to deliver company records in his possession by the corporate regulator.
Editorial
Money Management Original
Time for clarity and a clean house on FASEA
The widespread general criticism of the Financial Adviser Standards and Ethics Authority’s latest efforts around code of conduct guidance should be the catalyst for the Government announcing a new approach beginning in 2021.
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InFocus
Money Management Original
InFocus: When the big banks left they took their money off the table
There is no lack of competition between licensees to attract good financial planning businesses, but Mike Taylor writes, the days of the deep pockets of the big banks are well and truly over.
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