MM Newsletter
  11 December, 2020
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Latest News
Money Management Original
Warning that licensees face breach-reporting overload
The Government is being urged to provide regulatory clarity around the new breach reporting legislation which it is feared will radically increase what are deemed to be reportable breaches.
Industry News
FASEA not the final battle
Although the removal of the Financial Adviser Standards and Ethics Authority is a huge victory for many in the industry who spent the last few years fighting for reform, the fight still continues as other reforms need to be addressed.
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A green recovery: the post-pandemic opportunity
AXA Investment Managers’ Michelle Lacey discusses the ‘green lining’ of COVID-19 and why the growth in responsible investing creates a post-pandemic opportunity for advisers and investors.
Money Management Original
ASIC reveals a pretty modest and bland gifts and benefits register
Anyone looking for over the top largesse being heaped on the Australian Securities and Investments Commission will be sadly disappointed.
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Industry News
Over 90 adviser roles gone this week
This week saw a departure of another 90 adviser roles, almost three times more than two weeks ago, with 48 licensees having reported a loss of at least one adviser role, according to data from HFS Consulting.
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Low cost and transparent access to Asian Equities
China is expected to be the only G20 country to post a positive 2020 GDP growth. See how iShares ETFs can give you access to Asian Equity markets.
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Industry News
Australians looking to investments outside of property
Around 66% of Australians now have some level of investment other than property, with more investing in the share market, including exchange traded funds.
Industry News
Magellan fund restructure brings $13.5b to ETF industry
The conversion of the Magellan Global fund into an ‘open class’ structure has brought $13.5 billion to the exchange traded fund industry, bringing the total to $92.3 billion.
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Money Management Original
REITs undervalued for 2021
After underperformance in 2020, real estate investment trusts are an undervalued opportunity for 2021, according to American Century Investments.
Industry News
Three themes for 2021: WTW
Seeking diverse sources of return, managing risk and developing a comparative advantage, will be the three major themes for investors in 2021, according to Willis Towers Watson.
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Industry News
Iress targets advice fee consent
Iress has looked to the new rules around advice fee consent to roll-out one of the first building blocks of its infrastructure as a service strategy.
Outsiders
Money Management Original
From the folks who brought you Viagra – a vaccine
Outsider regrets to say that his extensive portfolio of investments does not include pharmaceutical giant Pfizer which at the time of writing has announced that with its German partner, BioNTech has come up with a COVID-19 vaccine which appears to be 90% effective.
Money Management Original
Graceful or not. Who exited fastest in 2020?
As this is the last print edition of Money Management for 2020 but Christmas is still some weeks off, Outsider thought he would start a new tradition – The Rapid Exit Award – and it turns out that 2020 has a few candidates vying for the laurels.
Money Management Original
Sleepy Joe Awakens
Outsider has previously mused over Donald Trump’s messaging cutting through in Australia, with the “Sleepy Joe” moniker catching on with the delegates at the Association of Financial Advisers annual conference last month.
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