MM Newsletter
  20 August, 2020
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Money Management Original
Are advisers facing an eighth layer of regulation and cost?
The Financial Planning Association has warned the Australian Competition and Consumer Commission against imposing another layer of regulation and cost on financial advisers via Consumer Data Rights rules.
Money Management Original
TPB receives adviser formal request on ABN establishment
Tax Financial Advisers should be permitted to apply for Australian Business Numbers on behalf of clients and the Tax Practitioners Board has been asked to facilitate the necessary legislation.
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Maybe the Super system isn’t so super after all?
With lingering financial scars from the 2008-09 Global Financial Crisis, many were already worried about how their savings would fare if another shock wave struck. Then it did.
Money Management Research
Climate change funds to outperform
Over the next 12 months, the environmental, social and governance theme most likely to outperform is climate change but only two climate-focused funds have made a return so far this year.
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Industry News
Expect 'significant change' to fin serv post pandemic
Around 44% of people in the financial services industry think the industry did not react well to the pandemic, according to a survey.
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Hidden risks in a safe haven
In this new whitepaper, Macquarie explores the different types of cash products and looks at the place cash plays as part of a portfolio. Request your copy now.
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Industry News
ASIC obtains injunctions against SMSF scam
The corporate regulator has obtained interim orders against PW Kitt Co and sole director Larry Dawson for a fraudulent SMSF advisory business.
Industry News
Earnings season to reveal true impact of pandemic on companies
Losing one year of earnings does not justify the hits to a company value, especially if the firm had minimal debt, and the market is making a “gross exaggeration” of the COVID-19 economic impact, Allan Gray believes.
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Industry News
Four things investors should watch in markets
COVID-19, inflation, pension reform and China are the four things investors should watch in today’s global income markets, according to Eaton Vance.
Industry News
Over 40 SMSF auditors reprimanded by ASIC
The Australian Securities and Investments Commission has cancelled or imposed restrictions on 42 SMSF auditors for failing to maintain their audit experience.
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Industry News
Early release to address housing issue will increase prices by $50k
The proposal for the early release of superannuation to address housing affordability by the Master Builders does nothing to address the supply side constraints at the heart of housing affordability, the Association of Superannuation Funds of Australia believes.
Industry News
Equity Trustees posts funds growth, net profit down
Equity Trustees has reported a 19% growth in funds under management, administration and supervision however net profit before tax was down to $30.3 million in FY20 from $31.3 million.
Industry News
ANZ posts $1.33b profit for 3Q20
The bank will also pay shareholders an interim dividend of 25 cents per share, fully franked, on 30 September.
Investment Centre
Industry News
Finding undervalued opportunities
Laura Dew writes that the Australia small/mid cap sector offers investors exposure to a diverse range of companies with fast-growing prospects.
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Industry News
Bringing the X factor
With factor-based investing on the rise, writes Simon Lansdorp, how should investors determine the relevant factors and the most-effective way to combine these for higher returns?
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