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MM Newsletter
17 May 2024
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Latest News
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Financial planning
‘Back in black’: New entrants turn YTD adviser numbers positive

Financial adviser numbers are “back in black” for the year to date, thanks to 50 new entrants joining the industry over the last four weeks.

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Financial planning
Jones commits to passing QAR within a year

Minister for Financial Services, Stephen Jones, has said he did not expect backlash to changes around advice fee deduction and believes the second tranche will have greater impact, committing to enact it by May 2025.

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Financial planning
Are financial advisers ‘at risk’ from AI disruption?

Financial adviser has been identified as a job that is at “high risk from AI disruption”, but industry commentators say such technologies will enhance their role, rather than replace them.

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Financial planning
Over 1 in 10 Aussies plan to pass down
$1m and more

Australia’s looming intergenerational wealth transfer remains a crucial opportunity for financial advisers, with 14 per cent of consumers looking to transfer $1 million or more.

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Financial planning
Sequoia calls in Takeovers Panel over shareholder dispute

Sequoia has applied to the Takeovers Panel regarding alleged unethical practice by a group of shareholders seeking to oust its chief executive.

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Financial planning
Count equity firm makes Qld acquisition

An equity partner firm of Count has purchased a Brisbane-based accounting business for nearly $1 million, as Count drives forward its inorganic growth momentum.

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Podcast
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Editorial
Relative Return: What can we learn from behavioural finance?

In this episode of Relative Return, host Laura Dew speaks with Steve Johnson, founder and CIO at Forager Funds Management, about the impact of human psychology on investing and whether fund managers can ever beat algorithms.

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