MM Newsletter
  29 October, 2020
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Money Management Original
Parliamentarian demands FASEA Standard 3 clarity
The Financial Adviser Standards and Ethics Authority has faced more Parliamentary Committee demands for the submissions which persuaded it to change Standard 3 of the financial adviser code of ethics.
Money Management Original
What drove HUB24's pragmatic exit from full Paragem ownership
HUB24’s acquisition of Xplore Wealth, its exit from full ownership of Paragem and its acquisition of Ord Minnett’s non-custody portfolio administration and reporting business are indicative of a new component-part approach to wealth management.
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Money Management Original
Avoiding contested election best for markets
Establishing a clear winner will unleash changes in the market’s factor rotation which are dependent on the winning party’s policy proposals, according to American Century Investments.
Industry News
Super underperformance test needs to define 'underperformance'
The Association of Superannuation Funds of Australia has proposed a two-stage assessment to look at fees and costs, and investment returns.
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Industry News
Link allows PEP consortium due diligence
In what represents a strategic concession in the face of a private equity led bid for the company, Link Administration has allowed non-exclusive due diligence and flagged its continuing thinking around a demerger of its property settlements business, PEXA.
Industry News
Responsible investing up in the ETP sector
The rise of index-based strategies and exchange traded products shows a major shift in market and has grown in tandem with adoption of responsible investing principles, according to Zenith.
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Industry News
Midwinter investing in AdviceOS updates
The financial planning software provider will increase investment in new features for its AdviceOS software with backing from Bravura.
Industry News
ANZ profit down 40% for FY20
The bank’s statutory net profit after tax and cash profit have been hurt due to credit impairment charges on the back of the COVID-19 pandemic.
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Industry News
Board conflict can lead to better outcomes
Boardrooms that lack a level of conflict and disagreement will likely lead to poorer quality decision-making, according to a study.
Expert Analysis
Money Management Original
Protecting data in a remote working environment
Institutional investors need to be on high alert as COVID-19 has triggered a wave of significant cyber attacks and data breaches, writes George Takesian.
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Money Management Original
How COVID-19 is accelerating the insurance claims model
Life insurance has been very much in the spotlight during the COVID-19 pandemic, writes Don Stevenson, and both insured and insurer benefit from a personalised claims philosophy.
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Industry News
Seeking stability in volatility
In a world of both extreme volatility and low interest rates, investors are struggling to find a defensive place to put their assets, writes Arnaud Brillois.
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