ASIC says forget commercial advantage, just get licensed An unlicensed company sought to convince the Australian Securities and Investments Commission that there was commercial advantage in it being allowed to have advisers continue to give advice. The regulator thought otherwise. For more.

TPB expands super capabilities for BAS agents The Tax Practitioners Board has released for discussion a legislative instrument which will have the effect of giving BAS agents more ability to deal with client’s superannuation issues. For more.

Are low interest rates sinking the annuities boat? Financial advisers are facing a dilemma with annuities still a core retirement income option but, with a long period of low interest rates being predicted, they face some difficult conversations with their clients. For more.

Fund managers blame millennials for volatility Easier methods to invest, including apps with low brokerage, have caused volatility in the markets from millennials new to investing, according to fund managers. For more.

Funds struggling to maintain outperformance Only 14% of ‘top-quartile’ Australian active funds have managed to retain this rating over three years, according to S&P Dow Jones. For more.

Global listed property sees pockets of solid rental returns The residential, industrial and office sectors have been the most resilient in the wake of COVID-19, according to First Sentier Investors. For more.

HLB Asia Pacific appoints chair HLB Mann Judd Brisbane managing partner, James Henderson, will take over the role from the retiring Terry Blenkinsop. For more.

Frydenberg: Year to forget for Australia Treasurer, Josh Frydenberg, has described 2020 as a ‘year to forget’ for Australia as the unemployment rate reaches a 19-year high. For more.

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. For more.

FPA's adviser registration proposal resonates but what will it cost? Mike Taylor writes that the Financial Planning Association may well have identified a key element of the future of the financial advice industry but no one should overlook the costs and who will pay. For more.