MM Newsletter
  18 January, 2021
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Money Management Original
ASIC signals that admin assistance to clients is not actually advice
Plenty of financial advisers provide administrative assistance to clients to help them with their investments but, according to the Australian Securities and Investments Commission, that does not necessarily fulfil the legal definition around the provision of advice.
Industry News
Hume urges advisers to speak up on affordable advice
The Government has made an 11th hour plea to financial advisers to make submissions to the Australian Securities and Investments Commission on its affordable advice review.
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Don't fight the fed
How should investors respond to a new low yield problem and what to consider when designing your asset allocation for a post-Covid world.
Industry News
Market recovery priced in: PIMCO
Although it expects the global economy to continue to recover in 2021, the fixed income manager says much of the recovery is already priced in.
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Industry News
Barbell approach apt for risky markets: First Sentier
As there is insufficient liquidity in markets to compensate for the volatility, investors should look to owning some longer dated government bonds and other high-yielding areas of fixed income, according to First Sentier.
Industry News
Vanguard Australia posts $5.7bn in ETF inflows in 2020
Vanguard Australia has recorded $5.7 billion in exchange traded funds inflows in 2020, which marked its best year ever.
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Industry News
AAT appoints chief accounting technician
Lielette Calleja has joined the Association of Accounting Technicians, which transitioned to be part of the IPA Group.
Industry News
Ignition Advice appoints business development director
Robert Coulter has been appointed as APAC business development director and will lead the firm’s distribution partnerships in the region.
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Industry News
Has COVID-19 impacted the relationship between fund managers and research houses?
Oksana Patron examines the relationship between fund managers and research houses and whether it has been affected by the recent COVID-19 pandemic.
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Industry News
Accessing home equity to generate retirement income
As retirees consider other ways to generate income in a bear market, Yvonne Chu writes that accessing home equity could be a possible option.
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