MM Newsletter
  05 November, 2021
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Latest News
Money Management Original
Has FASEA already decided direction of Standard 3?
The education authority is considering amending the problematic Standard 3, but its wording in the consultation paper suggests it prefers the second option, according to the Association of Financial Advisers.
Money Management Original
Industry loses 59 advisers this week
The number of advisers dropped this week by 59 to 18,764 as AMP Financial Planning fell to second spot.
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Money Management Original
‘War for talent’ in advice industry
The financial advice industry has move to past its unconscious bias that leaves women in support roles or not entering the industry, according to a panel.
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Industry News
Crypto ETF breaks ASX records
A cryptocurrency-themed exchange traded fund from BetaShares has broken records after trading almost $40 million in its first day of trading on the Australian Securities Exchange.
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Persistent, the New Transitory
Franklin Templeton's Fixed Income team remains constructive on the fundamental backdrop, but notes rich valuations are increasingly a concern. Here’s a look at potential opportunities across the fixed income universe.
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Industry News
Adviser ESG uptake driven by clients
Client demand is driving advisers use of environmental, social and governance investment but the majority lack of clear policy on their ESG values.
Industry News
Abrdn to halve its carbon intensity by 2030
At the 2021 United Nations Climate Change Conference, global asset manager abrdn has announced its plan to decarbonise its portfolio by 50% by 2030 and engage with the industry to do the same.
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Industry News
ASIC bans adviser over high-risk switching
A Queensland-based financial adviser has been banned for encouraging clients to switch into a high-risk investment fund which was not in their best interests.
Industry News
ASIC shuts down unlicensed financial services business
The Australian Securities and Investments Commission has obtained Federal Court orders against unlicensed investment scheme, A One Multi Services.
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Industry News
Wealthwise acquires Complete Financial Solutions
AZ NGA-backed Wealthwise has acquired Complete Financial Solutions, marking the 10th deal in as many years for the holistic advisory firm.
Industry News
Longwave Capital Partners appoints PM
Longwave Capital Partners has announced the appointment of Melinda White as portfolio manager, bringing 20 years of buy-side investment experience to the firm.
Outsider
Money Management Original
A zero for Australia’s climate policy
After years discussing the ins and outs of superannuation, Tim Wilson, has been thrown in the deep end with his new Parliamentary role, defending the Government’s controversial climate action plan.
Money Management Original
A competitive game
Outsider gives his congratulations to asset manager GQG which floated on the Australian Securities Exchange last month with a market cap of $5.9 billion.
Industry News
What is in a name?
Outsider drew a sharp breath while monitoring the Australian Securities Exchange and noticed that IOOF had announced that it would rebrand.
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