MM Newsletter
  19 October, 2020
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Industry News
Dealer group competition to attract advice practices heats up
Centrepoint Alliance is urging advice practices to consider long-term quality over short-term incentives as competition between the major dealer groups heats up in the wake of the IOOF acquisition of MLC Wealth and amid AMP’s continuing changes.
Industry News
FSC board appointment gives air of permanency to AMP’s Vernon
Blair Vernon is only the acting chief executive of AMP Australia but he has been appointed to the board of the Financial Services Council.
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Industry News
Budget misses the mark
The fiscal cannon is large enough to help but has been pointed in the wrong direction and will likely need to be fired again in 12 months, according to Nucleus Wealth.
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Money Management Original
The Japanese tech rivalling FAANG names
As Pengana divests from the mega-cap FAANG names, the firm is exploring technology options in Asia Pacific instead.
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?
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Industry News
SMSFs need managed funds for capital preservation: Cor Capital
Self-managed superannuation funds should look to managed funds for capital preservation post-COVID, according to Cor Capital.
Industry News
AFCA IDR deadline extension approaching
There are just a few days left for firms to provide responses to financial difficulty complaints for internal dispute resolution as the extension implemented by the Australian Financial Complaints Authority will end on 1 November, 2020.
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Industry News
Client consultant appointed by bfinance
The independent investment consultancy firm has appointed Daniele Goldberg, previously of Lloyds Banking Group.
Editorial
Money Management Original
FASEA code uncertainty must end
The consultation around the Financial Adviser Standards and Ethics Authority code of ethics must end and the Government must put a definitive timetable on the establishment of a single disciplinary body.
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InFocus
Money Management Original
InFocus: Financial advice crucial for Australia’s economic recovery
Financial Services Council policy manager – advice, Zach Castles, argues that regulatory pragmatism can help reduce the cost of financial advice.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia