MM Newsletter
  08 June, 2022
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Latest News
Money Management Original
RBA ‘well behind the curve’ on rates
The Reserve Bank of Australia’s decision to hike the cash rate by 0.5% to 0.85% shows the board has clearly recognised they are "well behind the curve", according to market commentators.
Money Management Original
FPA pins hope on collaborative action
The Financial Planning Association of Australia is “very, very hopeful” that it will be able to achieve success in the Quality of Advice review by making a joint submission with 12 organisations.
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Industry News
LIF quashed advisers’ ability to simply service clients: ClearView
Further changes to life insurance commission caps could see up to 87% of financial advisers stop providing standalone risk insurance advice, according to ClearView research.
Industry News
All change in shadow financial services role
There is a new shadow minister for financial services in the Opposition while Jane Hume will take on a new role of shadow finance minister.
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Industry News
Count Financial adds Midwinter software to tech menu
Count Financial has added Midwinter financial advice software to its technology menu, targeting increased choice and flexibility for the adviser network.
Industry News
Apostle hires first COO
Apostle Funds Management has hired Eric Chu as its chief operating officer, a newly-created role for the firm.
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Industry News
ASIC makes first ‘pump and dump’ social media conviction
The corporate regulator has made its first conviction of an individual for using social media to co-ordinate a ‘pump and dump’ scheme of listed stocks.
Industry News
ASIC makes second Spaceship Capital ban
Spaceship Capital chairman Paul Dortkamp has been banned by ASIC for a “fundamental oversight” related to his responsibilities, less than six months after its former CEO was banned for six years.
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Features
Money Management Original
Trustees set to work maximising retirement incomes
New legislation that aims to improve the living standards of millions of Australians in retirement falls squarely onto the shoulders of wealth advisers and trustees, writes Nina Hendy.
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