MM Newsletter
  06 January, 2021
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Industry News
Licensee record-keeping key to confining remediation inside 7 years
The Australian Securities and Investments Commission is claiming licensees shouldn’t be needing to remediate clients beyond a seven-year horizon, but has left open the question of longer periods if the licensees records are not appropriately kept.
Money Management Original
Obtaining PI not a big problem claims ASIC
The Australian Securities and Investments Commission is arguing that obtaining professional indemnity insurance is not as big a problem for financial planning licensees as some might suggest.
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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
Proposed super laws inadequate: AIST
The Government needs to address underperformance in the superannuation system before stapling of super accounts begins, according to the Australian Institute of Superannuation Trustees.
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Industry News
Data management critical for upcoming DDO regulation
The introduction of design and distribution obligations this October will make it even more important for firms to have strict data management processes in place, according to Wealth02.
Industry News
High expectations for super consolidation in 2021
Almost three-quarters of fund professionals expect to see consolidation of the superannuation industry this year in a bid to reduce costs, according to Calastone.
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Industry News
Investor confidence up in December
The State Street Investor Confidence index finished 2020 with an increase of 13.3 points in December, reaching the level of 104.1 from November’s revised reading of 90.8.
Industry News
Avoid temptation to ‘pile into’ Chinese equities
Investors should not forget that while there has been a rebound of the Chinese economy from the COVID-19 pandemic, it still has its risks of being an emerging market, deVere Group believes.
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Industry News
Proceedings against Squirrel Superannuation Services start for misleading marketing
The corporate regulator alleges the financial technology firm’s brochure on self-managed superannuation funds was misleading.
Expert Analysis
Money Management Original
Lessons from a decade in property investing
As it marks a decade in property investing, Freehold Investment Management shares how the market has changed and what trends have emerged since the Global Financial Crisis.
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Industry News
Understanding business insurance
Business owners or self-employed individuals in Australia present an opportunity for advisers to engage with customers who may have a greater net-worth and need for financial advice, writes David Glen.
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