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MM Newsletter
08 May 2024
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Latest News
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Financial planning
FSC warns on ‘chilling effect’ of advice deduction legislation

Advisers could find themselves unable to receive the fair market price of their advice as the Delivering Better Financial Outcomes legislation states superannuation trustees can reject deductions that are not charged on a cost basis.

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Financial planning
Why personal communication is the key to
client satisfaction

Two advice professionals have shared five key takeaways as to how advisers can strengthen their communication with clients, especially at review time, in order to build deeper relationships.

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Promoted Content
Empowering advisors for over 10 years

Balmain Private provides 1st mortgage investment opportunities delivering monthly returns from 7-10% p.a. net.

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Policy & Regulation
RBA reveals May cash rate decision

The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension.

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Financial planning
Expert group unveiled to support digital
advice policy

The Financial Services Council has launched the Digital Advice Expert Group to support policy development around digital advice adoption and ensure greater accessibility for Australians.

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Funds management
GQG details FUM post acquisition of
PAC affiliates

GQG Partners has reported a decline in funds under management in April, but YTD inflows are approaching
$10 billion.

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Financial planning
MLC managed account strategies surpass
$2bn FUM

MLC Asset Management’s managed account offerings have hit $2 billion in funds under management, underpinned by over half of financial advisers’ usage of the investment products.

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Feature
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Features
‘Not like Wall Street’: Younger managers navigate first hiking cycle

After years of low rates, three younger fixed income specialists have shared how they navigated “one of the toughest environments for investment decision-making” in the form of their first interest rate hiking cycle.

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