MM Newsletter
  29 July, 2021
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Money Management Original
PY compliance 'overboard'
While training and supervision is important to develop a new adviser, the professional year compliance requirements are “overboard”, according to a financial adviser.
Industry News
IOOF sees $2.2b in advice outflows
The last quarter of the 2021 financial year saw IOOF lose 33 self-employed advisers leading to an outflow of $2.2 billion but this was marginally offset by inflows of $0.4 billion from new advisers joining IOOF licensees and organic inflows.
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Something has to give
Franklin Templeton Fixed Income CIO Sonal Desai discusses the US Treasuries sharp rally over recent weeks with yields dropping. She outlines 3 possible scenarios and logical implications of each.
Money Management Original
Fixed-term fees not a way to evade ongoing fee consent
Fixed-term arrangements cannot be used to avoid ongoing fee consent renewals and advisers could breach the code of ethics by trying to use them in that way.
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Money Management Original
Limited licences on SMSFA's regulatory wish list
Lowering regulation costs and an improved regulatory framework for limited licences is among the items on the Association’s regulatory wish list.
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FE fundinfo to support Perpetual Corporate Trust with DDO Digital solution
FE fundinfo announces they have partnered with the leading Australian provider of corporate trustee services, Perpetual Corporate Trust, to provide DDO digital solutions to its 50+ investment managers.
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Money Management Original
How advisers can avoid trouble with the FSCP
Advisers with comprehensive and up to date documentation will have the best shot at surviving any review from the financial services credit panel.
Money Management Original
Japan offers ‘hidden value’
There is a large number of unappreciated companies in Japan which offer opportunities for value investors, according to Schroders.
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Industry News
Aberdeen Standard sets up Sustainability Institute
Aberdeen Standard Investments has announced the establishment of the Sustainability Institute in the Asia Pacific region.
Industry News
COVID-19 accelerates managed accounts take up
Almost 45% of financial advisers are using managed accounts as a way to alleviate compliance burdens, according to a report.
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Industry News
Frontier appoints family office expert
Frontier has appointed Meirine Giggins as a senior consultant as the firm looks to grow its presence in the endowments, wealth management and family office space.
Industry News
Deferred sales model insurance guide released
The corporate regulator’s RG 275 will cover all requirements for the implementation the new deferred sales model for add-on insurance, including any exemptions.
Industry News
AMP Capital adds to Community Infrastructure Fund
It has appointed Odette Linnett as investment director, Carolyn van Leuven as senior advisor, and Mathew Pirotta as associate.
Industry News
Super engagement on the rise
There has been a growing interest in engagement with superannuation along with positive attitudes towards the super guarantee increase and higher contribution caps, among people in Greater Sydney area.
Expert Analysis
Money Management Original
Adviser lessons from the UK
The UK went through its Retail Distribution Review in 2012, writes Chris Mather, so what can it teach Australia about the evolving financial advice system?
Money Management Original
Alternatives reaping rewards for patient investors
Taking a long/short approach can pay off for investors, writes Jun Bei Liu, as they make increased allocations to alternatives.
Toolbox
Money Management Original
Using property in an SMSF
Property development might be an attractive option for self-managed super funds but it can lead to a compliance minefield if done incorrectly, Andrew Yee writes.
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