MM Newsletter
31 Jul 2023
Latest News
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Insignia CEO shifts focus to advice for super members

Insignia CEO Renato Mota has told Money Management why the firm’s new partnership model will free up the firm’s time to work with super fund members.

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Almost 5k advice and investments complaints to AFCA in FY22–23

Investment and advice complaints have seen a 51 per cent increase in the last financial year, largely attributed to complaints against Dixon Advisory and Best Leader Markets.

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AMP falls below 900 advisers

AMP has fallen to less than 900, according to Wealth Data, some 10 months after dropping below the 1,000 milestone.

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Sustainable fund assets down $5.5bn in Q2

Strong outflows from Vanguard for the second consecutive quarter have affected the assets in Australasian sustainable funds, which stood at $41 billion in the second quarter, according to Morningstar research.

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Bravura appoints third CEO in three years

The new group CEO of Bravura has vowed to “put the recent disruption and uncertainty behind us” as it makes its third CEO appointment since 2021.

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Franklin Templeton hires alternatives specialist from Future Fund

Franklin Templeton has hired a senior alternatives specialist from sovereign wealth fund, Future Fund.

Features
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How did Aussie equities fare in FY22–23?

Australia’s nascent tech sector was the leader in the last financial year while financials and materials, which make up half the ASX 200, saw slower returns.

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