MM Newsletter
  28 April, 2020
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'Go further than the code' ASIC tells life insurers
Life insurers should be prepared to go further than their own Life Insurance Code of Conduct to help clients impacted by the COVID-19 pandemic, according to the Australian Securities and Investments Commission. For more.
 
FPA defends role of life/risk advisers
The Financial Planning Association says the advocacy efforts of financial advisers on behalf of clients can often impact the dispute data collected by the Australian Prudential Regulation Authority. For more.
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Pandemic implications for ESG
David Sheaseby from Martin Currie argues that the Covid-19 crisis will bring a renewed focus on the Social aspect of investors ESG analysis. For more.
 
NAB's stark choice on MLC Wealth – float or flog it
Just weeks after deciding to separately report MLC Wealth on its balance sheet, the board of National Australia Bank has been left with some stark choices on the future of the business. For more.
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Adviser sentiment in times of uncertainty
Money Management is seeking feedback from advisers on how they view their business given the current investment environment. For more.
 
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Is this just a band-aid on a bullet wound?
As hopes of a V-shaped recovery diminish, so will the revenues of many highly-geared companies. Investor redemptions and credit downgrades will force selling at distressed prices beyond the Fed's capacity. For more.
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'Lack of transparency' found in mortgage products
There is an “overall lack of price transparency” in the interest rates of residential mortgage products, according to the interim findings of a report into home loans by the Australian Competition and Consumer Commission. For more.
 
Chinese equities curb losses better than global peers
Chinese equities have outperformed US, Japanese, UK, and European equities with a loss of 4.5% over the month of March, and a loss of 7.7% over the financial year to date. For more.
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BetaShares fund certified as ‘responsibly invested’
BetaShares’ Australian Sustainability Leaders Diversified Bond ETF – Currency Hedged fund has been certified by the Responsible Investment Association Australasia. For more.
 
WealthO2 aides advisers with online meeting tool
The tool will assist advisers and clients with setting up online meetings as the country switches to remote working. For more.
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Netwealth launches remote education program for kids
In a partnership with financial literacy platform Banqer, the free learning program will teach financial literacy skills to kids learning remotely. For more.
Expert Analysis
 
COVID-19: Insurance FAQ
The major insurers have been faced with some key challenges as a result of COVID-19. Col Fullagar looks at the issues and the implications resulting from the pandemic. For more.
 
ETFs pass the COVID-19 test
The last few weeks have highlighted the importance of liquidity to markets, writes Arian Neiron, so how have ETFs fared and how can they be traded in volatile times like this? For more.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia