MM Newsletter
  16 April, 2021
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Latest News
Money Management Original
How authorisations are blurring adviser exits
Why has this week’s analysis of the Australian Securities and Investments Commission’s Financial Adviser Register shown an increase in adviser roles while the number of actual advisers dropped to 20,305?
Money Management Original
Does annual membership of ASFA really deliver over $82,000 in value?
Industry superannuation fund REST has revealed the over $130,000 cost of being a member of Australia’s two largest superannuation industry organisations.
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Money Management Original
‘Boldness’ needed to encourage digital advice uptake
The quality of leadership around digital advice was insufficient to encourage a rapid uptake, according to Ignition Advice.
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Industry News
Law firm launches regulatory reporting platform
With around seven overlapping reporting regimes coming into effect in October, Gadens has launched a regtech platform to help financial services firms meet their regulatory obligations.
Industry News
WTW aims net zero by 2050
The firm will also aim to have a 50% reduction to net zero emissions by 2030 in its fully discretionary delegated investment portfolios.
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Industry News
ASIC extends ROA measure
The relief measure allowing advisers to provide a record of advice rather than a statement of advice to clients that needed advice due to the impact of COVID-19 has been extended until 15 October, 2021.
Industry News
Pendal’s FUM hits $101.7b
Net inflows, strong performance, higher market contributions, and a positive currency impact has led to the 4.4% funds under management growth for the group.
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Industry News
Mercer appoints head of Sentinel
Tricia Nguyen has been appointed head of Mercer Sentinel, Pacific, leading the firm’s outsourced due diligence and custody consulting capabilities.
Outsiders
Money Management Original
Sotto voce not the language of ASIC leadership aspiration
It has been a long time since Outsider involved himself in thespian pursuits but he does recognise a ‘stage whisper’ when he hears one.
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Money Management Original
Will the real Tim Wilson please stand up?
Outsider is giving 10 out of 10 to the Australian Prudential Regulation Authority (APRA) for deftly avoiding becoming entangled in the somewhat arcane politics of superannuation.
Money Management Original
Is there anything Persevering Jane should be telling her boss?
Outsider finds it interesting and just a bit baffling that someone who would advocate that financially-stressed female victims of domestic violence should be able to raid their superannuation accounts simply to put food on the table has become the Minister for Women’s Economic Security.
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