MM Newsletter
  15 February, 2021
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Latest News
Money Management Original
How ASIC spent $31,000 on consumer advice submissions
The Australian Securities and Investments Commission funded $31,000 in consumer submissions about key financial advice policy issues including FoFA and the code of conduct.
Industry News
TPB offers advisers flexibility on 120 hours CPE requirement
Tax financial advisers will be allowed some flexibility about how they meet the three-year 120 hours continuing professional education requirements under the new Tax Practitioners Board regime.
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Money Management Original
Govt’s ‘attack’ on super is deliberate and calculated: Opposition
The country is dealing with a Liberal Party that is going down a spiral of dangerous ideology and extreme partisan envy, taking workers’ wages and super with it, according to Shadow Treasurer Jim Chalmers.
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Money Management Original
Hume’s ‘positive’ relationship with super funds not translated to industry bodies
Senator Jane Hume says her greatest frustration is the disconnect between what she is being told by superannuation funds and what she is being told by industry bodies.
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Does a sustainable approach improve investment outcomes?
The research on ESG and sustainable returns is investing in the approach does not sacrifice returns, or cost the investor more, and may enhance both risk and return. What has been the experience at Ausbil?
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Industry News
Sydney adviser permanently banned
Daniel McSweeny has been banned from providing financial services by the corporate regulator for dishonesty and falsifying books.
Industry News
What did January mean for financial markets?
The first month of the year saw gyrations in the stock prices with companies like GameStop seeing increased interest from retail investors, according to Eaton Vance.
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Industry News
Cbus adds three asset heads
It has made three new key appointments to head its property, private equity and equity portfolio construction teams.
Editorial
Money Management Original
You want to reduce advice costs? Then reduce regulation
If the Government seriously wants to make financial advice more affordable then it needs to conduct a thorough review to strip out the layers of regulation which have driven up the cost of advice delivery.
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InFocus
Money Management Original
InFocus: Is it time to impose external oversight on ASIC?
Mike Taylor writes that in the aftermath of the Thom Review into the Australian Securities and Investments Commission the Government has the opportunity to impose external board oversight on the regulator.
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