MM Newsletter
  26 August, 2020
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Latest News
Money Management Original
How an industry fund has piled in on an AMP class action
A major industry superannuation has confirmed its involvement as a party in class actions against AMP Limited, the Commonwealth Bank and Westpac.
Money Management Original
Super funds reinforce importance of advice in aged care funding
Major superannuation group, the Association of Superannuation Funds of Australia has backed the increased use of advisers in helping people not only deal with retirement but to handle aged care funding.
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Money Management Research
Financials' results surprise on the upside
AMP and QBE have both beat earnings and dividends/ capital management this earning season, according to UBS.
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Industry News
4% of planners intend to stop giving advice
Despite the shifting regulatory landscape and disruption from major players, only 4% of financial planners intend to stop providing advice in the year ahead, according to Investment Trends.
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Inflation - is 2% the right target?
Main Street and Wall Street have divergent opinions about the Fed's longstanding 2% inflation target.
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Industry News
Equip changes insurance offerings
Some members would see an increase in premiums with an average increase of 30% while others would have significant reductions.
Industry News
Senate passes bill to allow super fund choice
The bill will allow consumers to choose their own superannuation fund instead of being forced into one because of enterprise agreements.
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Industry News
Small caps to outpace large in 2021
Smaller companies are forecast to have stronger and more sustainable earnings growth and faster growth acceleration next year, according to American Century Investments.
Money Management Research
Look to alternatives for over 20% returns
Almost half of funds in the alternatives sector have achieved positive returns over the year to 31 July 2020, and investing in the sector could improve risk-adjusted returns.
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Industry News
CFA to develop ESG disclosure standards
The CFA Institute has proposed environmental, social, and governance disclosure standards to allow investors to more comprehensively evaluate whether an investment product will meet their needs.
Industry News
Sam Henderson pleads guilty to qualification dishonesty
Former adviser and Royal Commission witness Sam Henderson has pleaded guilty to a ‘rolled up’ charge of dishonest conduct regarding his qualifications.
Industry News
ASIC expands regulatory sandbox
Companies who access the Australian Securities and Investments Commission new and expanded regulatory sandbox will get two years to prove their case including licensed businesses testing new services they were not previously authorised to provide.
Industry News
Adviser who claimed exemplary compliance record banned
The Australian Securities and Investments Commission has imposed a five year ban on a former adviser who claimed to have left ANZ with an exemplary compliance record.
Industry News
HUB24 NPAT up 15%
The firm’s funds under administration was up 34% on FY19 and it has announced the appointment of its new chief financial officer.
Features
Industry News
The future of property
The COVID-19 pandemic has been a massive disruptor to our lifestyles, Chris Dastoor writes, and this has impacted the value of the properties affected by those activities.
Industry News
Planning through the ages
Laura Dew explores how estate planning varies by age and what people need to do at each different stage of their life.
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