MM Newsletter
  22 March, 2021
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Latest News
Money Management Original
Govt accused of distorting the law on superannuation
The Federal Government has been accused of extraordinary and undemocratic legislative over-reach by trying to gain control of how superannuation funds invest on behalf of their members.
Industry News
Hume backs growth in SMSFs
The Government may have upset APRA-regulated funds via its Your Future, Your Super legislation but it is backing the growth in self-managed funds.
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Money Management Original
Expect more thematic ETF launches in 2021
There could be as many as 40 launches of new exchange traded funds this year in areas where there are gaps in the market, particularly in climate change and sustainability, according to ETF Securities.
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Industry News
ABC terminates commercial contract with The New Daily
The national broadcaster’s agreement with the industry superannuation fund backed publication has been a “reputational nightmare”, according to Liberal Senator Andrew Bragg.
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Industry News
ETFS Gold ETF added to AustralianSuper platform
Australian Super has added the ETF Securities Physical Gold exchange traded fund to its Member Direct online platform.
Industry News
Inflation fears premature
Fears about inflation are premature and overplayed and could impact investors’ portfolios, according to deVere Group.
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Industry News
Industry funds mount major campaign against Govt on SG
Industry Super Australia has announced a major advertising campaign in defence of the superannuation guarantee and expected moves by the Government to defer the next increase to 10%.
Industry News
APRA appoints new board member to oversee super
Margaret Cole will oversee APRA’s superannuation activities, while deputy chair, Helen Rowell, will now be responsible for general, life and private health insurance.
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Industry News
FSC welcomes Govt decision to expand Fintech Select Committee
The Financial Services Council says the expansion of the scope and length of the committee will help Australia become a technology and finance centre.
Editorial
Money Management Original
User-pays a costly and flawed model for ASIC funding
The increases in the Australian Securities and Investments Commission levy and the fact that they are occurring even before a single disciplinary body or a compensation scheme of last resort are established should tell the Government its user-pays regime is badly flawed and in need of change.
InFocus
Money Management Original
InFocus: The ASIC levy - the real-life impact on advisers
Financial advice firms began receiving their levy invoices from the Australian Securities and Investments Commission last week and financial advisers want the Government to know why they are angry at how much it has increased.
Crowns
Money Management Original
Crowns go to those astutely riding Australia’s COVID recovery
Funds with experienced investment teams and a strong domestic equity focus benefited from Australia’s accelerating economic recovery in the latest FE fundinfo Crown Fund Ratings rebalance, Mike Taylor writes.
Money Management Research
Which funds were upgraded to 5 Crowns?
There has been a 47% decline in the number of funds receiving a 5 Crown rating, falling to 136, while no fund was upgraded from 1 Crown to 5 Crowns.
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