MM Newsletter
  15 December, 2021
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Money Management Original
How many advisers will be there in 2022?
Over 1,300 advisers are expected to drop off the Australian Securities and Investments Commission’s register between now and the start of the next year.
Money Management Original
AFA to lobby on LIF remuneration caps
AFA general manager of policy and professionalism, Phil Anderson, has responded to questions about whether the planning group will be doing anything to get the Life Insurance Framework scrapped.
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Unmet advice needs present opportunity for advisers
The latest research shows that HNW investors have an array of unmet advice needs and are prepared to pay to plug those gaps, presenting a significant opportunity for advisers.
Money Management Original
Why Zoom will never beat face-to-face advice
While the digitalisation of advice has improved access drastically, particularly during the COVID-19 pandemic, there is a limit to how much Zoom can be relied on.
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Money Management Original
Consumer wealth management platforms on the horizon
The wealth management industry is headed toward a consumer-focused business model and the trend will only be accelerated by disruptive technology giants.
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Investing ‘groupthink’ rampant like the plague
Longer-term assessment of active fund performance can distinguish between managers that think independently – and those that deliver short-term outperformance by investing with the ‘in-crowd’
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Industry News
HUB24 launches pilot business efficiency program
The pilot program aims to help understand the problems facing licensees and advisers in running their business.
Money Management Original
How to put AFCA ‘out of business’
The complaints authority has outlined the key points advisers should be aware of to defend themselves when it comes to client complaints.
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Industry News
FSC releases occupational exclusion prohibition standard
The enforceable standard will remove 87% of all occupational exclusions and occupation based restrictive disability definitions that currently exist in the industry by 1 January, 2023.
Industry News
Investable trends: Decarbonisation, cloud computing, outdoor advertising
Increases in market inefficiencies driven by the rising prominence of passively invested capital and historically low sell side coverage has created opportunities to invest in three themes, according to Yarra Capital Management.
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Industry News
Hybrid work models are re-shaping property portfolios
The preference for a large cohort of employees to prefer hybrid working models has drastically shifted property portfolio requirements, but it is still an investible space if the industry adapts.
Industry News
ASIC cancels wealth manager’s licence
The regulator has cancelled the Australian financial services licence of Sydney-based firm Premier Wealth Management Financial Services and banned two of its directors.
Industry News
CFS launches two geared index options
Colonial First State has launched its first passively managed geared investment options for advisers and investors in response to greater adviser demand for access to lower cost strategies.
Industry News
Class and HUB24 amend scheme for acquisition
HUB24 and Class have simplified the scheme consideration of the scheme implementation deed under which HUB24 agreed to acquire all Class shares.
Industry News
HNW Aussies holding more local equities
Australian equities are the most popular investment class for the wealthy and has been rising steadily since the start of the pandemic, according to research.
Features
Money Management Original
A case of déjà vu
There was no let-up in compliance and regulatory changes for financial advisers in 2021, writes Laura Dew, as they rushed to meet the FASEA deadline by the end of the year.
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