Asset-based fees apt for COVID-19 volatility says AFA Advisers receiving asset-based fees have ‘skin in the game’ which is important at time such as the current market volatility being generated by COVID-19, according to the Association of Financial Advisers. For more.

Judicial boost to ASIC intervention power The Federal Court has delivered a boost to the Australian Securities and Investments Commission product intervention powers including around future consumer detriment. For more.

Boutique manager focuses on independent growth post buy-out Boutique manager, Wheelhouse Investment Partners, has announced it will pursue independent growth following the buy-out from Bennelong Funds Management. For more.

Expect U-shaped recovery but second virus wave remains risk Over half of investors expect to see a U-shaped recovery from the COVID-19 pandemic, according to a Bank of America survey, with nearly all participants expecting a recession in the next 12 months. For more.

Investors warned to take caution on equity fundraisings Investors need to watch out among the recent capital raising as some companies could still struggle after the COVID-19 pandemic despite an attractive price, according to First Sentier Investors. For more.

Midwinter launches product comparison feature Advice software firm Midwinter Financial Services has launched a new product comparison feature in AdviceOS to allow advisers to conduct faster in-depth product research. For more.

Fact Check: BetaShares Australian Equities Bear Hedge Laura Dew writes the BetaShares Australian Equities Bear Hedge fund is one of the few Australian equity funds outperforming the market in these turbulent times. For more.

The importance of being ‘on the front foot’ As a part of its new series, Money Management speaks to financial planning groups and asks them to share their views on the industry in a new environment. This month, MM interviewed Keith Cullen, managing director of Wealth Today. For more.

Maximising cashflow for aged care clients A key concern with the move to an aged care home is having enough money to fund costs, writes Minh Ly, but strategies can be used to help clients maximise their cashflow. For more.