MM Newsletter
  07 April, 2021
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Latest News
Money Management Original
AFCA's inbuilt moral hazard for financial advisers
Frivolous and vexatious consumers should be made to pay for their persistent use of the Australian Financial Complaints Authority against advisers, according to the Financial Planning Association.
Money Management Original
ASIC puts super funds on notice on complaints handling
Superannuation funds have been warned to get their houses in order to deal with the new internal dispute resolution regime being overseen by the Australian Securities and Investments Commission including investing in more systems and staff and ensuring insurers and other external providers are brought into line.
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Money Management Original
intelliflo appoints MLC’s Geoff Rogers as head of Australia
The financial advice technology firm has appointed MLC group executive advice, Geoff Rogers, to the role who will begin in June.
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Industry News
RBA 'unconcerned' by rising bond yields
The decision by the Reserve Bank of Australia to hold rates at 0.1% is also a way to avoid unwelcome movement in the Australian dollar which would frustrate the task of lowering the unemployment rate, according to GSFM.
Industry News
Many retirement planning tools not accurate in life expectancy
Retirement planning tools currently available might not reflect best practice when it comes to determining and allowing for life expectancy, according to Optimum Pensions.
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Industry News
KKR closes US$15b Asian Fund
Global investment firm, KKR has announced it will close its KKR Asian Fund IV, a US$15 billion fund focused on investments in private equity transactions across the region.
Industry News
MLC AM expands managed accounts team
Neil Gellett has been appointed as head of managed accounts, while Brent Bevan has been appointed as head of investment consulting – managed accounts.
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Industry News
Elston expands distribution team
Samantha Woodham from Morningstar and Jeremy Weber from Lonsec have been appointed to the firm’s distribution team.
Industry News
BetaShares appoints non-executive director
Former BlackRock vice chair Blake Grossman has been appointed as a non-executive director of the exchange traded fund manager.
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Features
Money Management Original
Confusion and frustration in modern times
COVID-19 has been a catalyst for technological change in the industry but, Chris Dastoor writes, a major issue remains in how technology can address the accessibility of advice.
Money Management Original
Considering the alternative
While alternative strategies can provide protection during down markets, advisers are still hesitant as they feel the perception of risk and illiquidity overshadow the benefits, Jassmyn Goh finds.
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