MM Newsletter
  24 August, 2021
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Latest News
Money Management Original
FASEA pass rate better than CFA
The education authority believes the pass rate for candidates that have sat the exam more than once is more favourable than other industry certification assessments.
Money Management Original
Ambiguity remains over SDB: SAFAA
There is a lack of clarity for when a disciplinary panel will be called and an association believes it should not be called for a breach of Standard 3 or 6, and that written direction sanctions should not permanently be on the adviser register.
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Money Management Original
Anti-hawking regime requires super funds to watch all of TikTok
The corporate regulator needs strict guidelines on the scope and extent of monitoring social media channels by superannuation funds under its hawking prohibition, according to an association.
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Industry News
Retirement income system needs to be fairer: Actuaries Institute
Its year-long review has examined the role of the family home in retirement income provision, how advice results in better use of superannuation savings, and the Age Pension means test.
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Industry News
Earnings acceleration an indicator of outperformance
Stocks that see acceleration in earnings are more likely to outperform over one and three-year periods, according to research by American Century.
Industry News
Westpac to pay $10.5m penalty for personal advice case
The penalty is in relation to proceedings brought by the corporate regulator in 2016 around personal advice given to customers over external superannuation account rollovers.
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Industry News
ASVWFS appoints executive director
Former Consultum Financial Advisers chief executive, Joe Botte, has been appointed to the role by the boutique national dealer group.
Industry News
CFS appoints group chief risk officer
Colonial First State has hired Anthony Lane from MLC as its group chief risk officer as it continues its senior leadership appointments spree.
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Industry News
Dividend recovery is underway
Global dividends will regain pre-pandemic highs in next 12 months as Q2 sees payouts jump 26% year-on-year, according to Janus Henderson.
Expert Analysis
Money Management Original
Enriching the Enricher
The biggest concern from advisers is that they are no longer able to do what they love but there is still room in the industry for innovation and renewed purpose, Jodie Blackledge writes.
Money Management Original
The argument for remutualising Australia
Demutualisation of insurers has led to a destruction of value, writes Michael Pillemer, so remutualising could be a valid idea to rebuild consumer trust.
Money Management Original
The danger of ‘this time it’s different’
Investors may be using the pandemic to find the next FAANG, writes James Williamson, but history shows this period is only the latest cycle.
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