MM Newsletter
  15 December, 2020
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Latest News
Money Management Original
Your levies at work – how ASIC funds consumer submissions
The Australian Securities and Investments Commission has confirmed that its industry funding model is helping underwrite the cost of consumer submissions such as those used to influence Financial Adviser Standards and Ethics Authority consultations.
Industry News
Australia hits 'Bottom' on portfolio holdings disclosure
A new survey has revealed Australia as a global laggard on portfolio holdings disclosure with Morningstar delivering it a lowest-possible Australia has received a significant “fail” because it is proving an ongoing laggard on portfolio holdings disclosure.
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A green recovery: the post-pandemic opportunity
AXA Investment Managers’ Michelle Lacey discusses the ‘green lining’ of COVID-19 and why the growth in responsible investing creates a post-pandemic opportunity for advisers and investors.
Money Management Original
Without legal definition assets consultants are in the clear
Financial advisers may be significantly constrained in using the term “independent” but asset consultants are largely in the clear because asset consultation is not a legally defined concept, according to the Australian Securities and Investments Commission.
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Industry News
‘Time is now’ for Retirement Income Covenant
The delayed covenant should come into force as soon as possible to ensure retirees are properly equipped for retirement, according to Allianz Retire Plus.
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Southeast Asian equity markets are at historical low valuations while investors are underweight in the region. See how you can access with iShares.
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Money Management Original
Could UK assets turn into a value trap?
There is a hope the FTSE 100’s poor performance since the start of they ear will reverse if the uncertainty from an unknown Brexit outcome is removed, according to AXA IM.
Industry News
RARE Infrastructure rebrands as ClearBridge Investments
RARE Infrastructure Limited (RARE) has announced that it will change its name to ClearBridge Investments Limited in the first quarter of 2021.
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Industry News
Avoid over-concentration in portfolios warns Cor Capital
An equal exposure to cash, fixed income, equities and precious metals is how Cor Capital plan to position its portfolio to 2021, debunking the traditional 60/40 method.
Industry News
Default super insurance pays up to 79 cents for each premium dollar
Younger superannuation members and those in insurance policies with more restrictive terms and conditions may be receiving relatively low value for money, according to the Australian Securities and Investments Commission.
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Industry News
Challenger appoints Equity Trustees for $385m capital note issue
Challenger has announced that it has appointed Equity Trustees as note trustee for its Capital Notes 3, a perpetual convertible security which has raised $385 million.
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Money Management Original
Planners choose Morningstar
For the first time in more than four years financial planners have chosen Morningstar as their preferred research house, effectively ending the long-lasting reign of Lonsec, Oksana Patron writes.
Editorial
Money Management Original
Time for clarity and a clean house on FASEA
The widespread general criticism of the Financial Adviser Standards and Ethics Authority’s latest efforts around code of conduct guidance should be the catalyst for the Government announcing a new approach beginning in 2021.
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