MM Newsletter
  30 July, 2020
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Money Management Original
How super early access has staunched the SG rivers of gold
Data analysis around the Government’s hardship early release superannuation regime has revealed that the ‘rivers of gold’ inflows generated by the superannuation guarantee have been almost halved for some funds.
Money Management Original
ASIC flags class order relief on Govt class action changes
The law, as it stands, around financial services licensing and managed investment schemes was not designed or intended to handle class action litigation funding, according to the Australian Securities and Investments Commission.
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Money Management Original
AMP reserves right to make political contributions
AMP Limited has declared it would not use AMP superannuation fund monies for political purposes but has reserved the right to do so separate from the interests of superannuation fund members.
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Industry News
Gold ETF hits $2b
ETF Securities has announced that its gold ETF saw assets double in less than a year as prices hit new records.
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Money Management Research
Rush to gold but not all asset managers convinced
Investors are still piling into gold as market volatility continues due to the COVID-19 pandemic but one asset manager says it is the riskiest asset class over the long-term.
Industry News
360 Capital increases special payment to remove current RE
360 Capital Group has offered to increase special payment to Australian Enhanced Income Fund unitholders, in a bid to remove its current responsible entity.
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Industry News
Janus Henderson launches active ETF on Chi-X Australia
Janus Henderson has launched an active fixed income exchange-traded fund on the Chi-X exchange in response to a growing demand for defensive solutions.
Industry News
HUB24 adds FSI Australian equities to SMA platform
First Sentier Investors has added two separately managed account portfolios to the HUB24 IDPS and HUB24 Super menu suite.
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Industry News
ASIC bans Tasmanian adviser for five years
David Horton was found to have given clients’ inappropriate advice to double gear their investments and did not consider their cashflow position or ability to cover margin calls.
Industry News
Westpac to bring back 1,000 jobs
The big four bank will bring back jobs to improve its operations and customer support in response to demand from the COVID-19 pandemic.
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Industry News
Accessing home equity to generate retirement income
As retirees consider other ways to generate income in a bear market, Yvonne Chu writes that accessing home equity could be a possible option.
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