MM Newsletter
10 Jan 2023
Latest News
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INDUSTRY NEWS
Diversified fund receives interim stop orders from ASIC

The order for Vasco’s Pivotal Diversified Fund stemmed from concerns regarding the deficiencies in the target market determination of the fund.

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INDUSTRY NEWS
First 2023 adviser exam open for enrolments

Enrolments for the first financial adviser exam of 2023 open today with licensees applying for a new adviser urged to act quickly.

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INDUSTRY NEWS
Pinnacle discloses H1 performance fees

Pinnacle Investment Management has announced the size of its performance fees for the six months to 31 December, having previously warned they could be less than $1 million.

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INDUSTRY NEWS
Dexus seeks alternative terms in AMP deal

AMP and Dexus Funds Management have engaged in discussions regarding an alternative transaction structure for Dexus’ acquisition of Collimate Capital’s real estate and domestic infrastructure business.

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INDUSTRY NEWS
GQG ends 2022 with strong footing

Despite a tumultuous year for equity markets, GQG has ended the year at nearly 96% of the level of funds under management at which it began.

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INDUSTRY NEWS
ASIC calls for update to tax (financial) advice status

Licensees will need to ensure their advisers’ Financial Adviser Register record states if they can provide tax (financial) advice by 1 February, 2023.

Features
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Money Management Original
Financial planning and death: are we doing enough?

Research shows that many people are unprepared when it comes to planning for death. What are advisers offering to support clients in this area and is there more that could be done?

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