MM Newsletter
  01 April, 2021
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Industry News
Count lures 11 IOOF/MLC firms and 30 advisers
Count continues to target the IOOF/MLC Wealth acquisition as a recruiting ground for firms and planners.
Money Management Original
Will new Govt super rules promote inappropriate hawking?
The Government has been warned that its new stapling arrangements for superannuation funds may see unscrupulous players hawking underperforming products to new job entrants and those who have not necessarily even left school.
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What are the unique risks of retirement?
The risks of retirement are as numerous as they are significant, and must be adequately addressed. Explores these risks in more detail. CPD hours are available.
Industry News
ANZ's Alexis George replaces De Ferrari at AMP
AMP has a new chief executive, with ANZ’s Alexis George replacing Francesco De Ferrari.
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Money Management Original
Affordable advice requires more innovation, not regulation
The unintended consequences of new regulation can be costly without really benefitting the consumer, as consumers instead become inundated with overbearing regulatory information, according to Midwinter.
Money Management Original
2021 to be 'more wow' for markets
Markets will move towards a ‘Roaring 20s’ style with higher cash balances, high savings ratio, increased net housing wealth, and lower household debt, indicating a multi-year growth cycle, according to Longview Economics.
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Industry News
New significance test for breach reporting
The new breach reporting regime which is due to commence on 1 October, 2021, has an expanded significant test and will require licensees to lodge a report within 30 days of the breach.
Industry News
Mercer makes two leadership appointments
Helen Murdoch has been appointed as sales and commercial acceleration leader and Saranne Brodrick as chief strategy officer, both newly-created roles.
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Industry News
Most retirees do not underspend or bequeath super: ASFA
Around 80% of people aged 60 who died between 2014 and 2018 had no superannuation in the period of up to four years before their death, according to research.
Industry News
Synchron appoints QLD state manager
Ben Donohue has been appointed state manager for Queensland, starting after Easter.
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Crowns
Money Management Research
The newly-rated fund returning 112% in three years
There were five funds in this FE fundinfo Crown Fund Rating rebalance which received the highest ranking in their first-ever rating.
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Industry News
Economic Recovery and Factor Performance
The shock to markets in 2020 has left the investment landscape in an unusual position, writes Mike Akers, with five factors impacting a portfolio’s performance.
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