MM Newsletter
  23 October, 2020
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Latest News
Money Management Original
ASIC confirms focus on advice which is 'limited and affordable'
The Australian Securities and Investments Commission has confirmed it is trying to identify the real cost of providing financial advice at the same time as focusing on how the industry can better deliver advice which is “limited and affordable”.
Money Management Original
Cutting regulation trumps scaled advice in reducing costs
Despite the scaled advice focus of the Australian Securities and Investments Commission, most financial advisers believe the real answer to reducing advice costs lays in taking a knife to regulation.
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Sponsored Content
Bridging the platform gap
The digitalisation of advice is creating a breadth of technology partners & solutions for advisers to improve business & client engagement processes. But is it a case of less is more?
Industry News
More than 2,000 advisers depart industry in 2020
The latest data from the Australian Securities and Investments Commissions’ Financial Adviser Register has shown that the total net loss of adviser roles of 2,433 for the year do far, according to HFS Consulting.
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Industry News
Super performance test top of advisers' minds
Financial advisers have been querying whether the Government’s proposed annual superannuation performance test could lead to some MySuper funds to review their investment strategies and potentially lead to increased fund consolidation.
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Industry News
ASIC tightens CFD rules
The Australian Securities and Investments Commission has initiated a product intervention order tightening the rules and the leverage around retail contracts for difference.
Money Management Research
Pengana underweight for US small companies
Pengana’s global small companies fund is underweight for US equities and believes there could be “pretty serious” outperformance in the international space in the near future.
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Industry News
Lack of advice among millionaire investors' biggest mistakes
Not seeking advice, as well as a reliance on historical returns and a lack of diversification are the major investment mistakes made by millionaires, according to a survey.
Industry News
ASIC confirms LIF review approach
The Australian Securities and Investments Commission has lifted the lid on the underlying methodology of its Life Insurance Framework review.
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Outsiders
Money Management Original
Not alarm bells, just a wake-up call on the US election
Outsider must admit to currently having more than a passing interest in the outcome of the US Presidential election but he is clearly not as invested as a number of the online delegates to the Association of Financial Advisers virtual annual conference.
Money Management Original
APRA believes in global warming, what about the Govt?
Outsider has noted it before but its probably worth noting again that while the politicians squabble over climate change in the so-called “Canberra bubble” the nation’s financial services regulators believe it exists and are exhorting insurers to take it into account in policy definitions and premium pricing.
Money Management Original
A virtual conference shared is a virtual conference halved
Outsider likes to think of himself as seasoned when it comes to conference reporting.
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