MM Newsletter
  10 December, 2020
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Latest News
Money Management Original
FASEA gone but the exam and degree regime continues
The Financial Adviser Standards and Ethics Authority may be gone but its exam timetable will continue and so will the requirement for financial advisers to become degree qualified.
Money Management Original
How the industry united to rid itself of FASEA
Mike Taylor writes that few people genuinely argued with the objectives set out for the Financial Adviser Standards and Ethics Authority but they did argue with the authority itself.
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Money Management Original
Intra-fund advice is not special says ASIC
While currently finalising a review based on samples of intra-fund advice, the Australian Securities and Investments Commission has used an article to explain that intra-fund has no special status.
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Money Management Original
Govt delivers some simplicity around annual fee disclosure
The Federal Government has made at least some concessions to financial advisers with new legislation at least simplifying some elements of fee disclosure while making clear the guidelines around advice within MySuper.
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A green recovery: the post-pandemic opportunity
AXA Investment Managers’ Michelle Lacey discusses the ‘green lining’ of COVID-19 and why the growth in responsible investing creates a post-pandemic opportunity for advisers and investors.
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Industry News
Avoid REITs for 2021
State Street Global Advisors has identified real estate investment trusts as the least attractive assets for next year, while global equities are the favoured option.
Money Management Original
‘Lower for longer’ for yields
As we continue to see a shift in policy, it will be a case of “lower for even longer” for yields, according to Schroders.
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Industry News
8 out of 10 instos say COVID-19 impact has been underestimated
According to a survey, 80% of institutional investors believe the market has underestimated the impact of the COVID-19 pandemic and only one in five expect a full economic recovery by 2022.
Industry News
Zurich appoints group insurance head
Darren Wickham, currently TAL group life executive general manager, will join in March 2021.
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Industry News
CBA divests equity interest in BoCommLife
Commonwealth Bank has announced its divestment of 37.5% equity interest in BoCommLife to MS&AD Insurance Group Holdings has been approved by the China Banking and Insurance Regulatory Commission.
TOP Financial Planning Groups
Money Management Research
The end of an era
Money Management’s 2020 TOP Financial Planning Groups research has confirmed the number of planners working at the biggest groups has dwindled to its lowest levels in years, underscoring the end of the banks’ dominance in wealth management, writes Oksana Patron.
Toolbox
Industry News
Creating a successful digital advice model
The COVID-19 pandemic has emerged as the greatest disruption to economic growth in generations but presents an opportunity to highlight the benefits of technology, writes Emily Chen.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia