MM Newsletter
  05 January, 2022
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Latest News
Money Management Original
Lengthy plans disengaging clients from advice
A one-page overview would be better at engaging clients with advice and to demonstrate how the advice is helping clients achieve peace of mind.
Industry News
FASEA officially wound up
The cost to sit the financial adviser exam will be higher than initial estimates as it moves to being run by the corporate regulator and any Standard 3 amendment responsibilities have moved to Treasury.
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Economic Whiplash?
A number of factors suggest 2022 could be very different. Read what the experts from Brandywine Global see in store for global markets and the economy in the year ahead.
Money Management Original
Choice heatmap will purge weaker products: APRA
Margaret Cole says the pressure on trustees from the 2021 Choice Heatmap will lead to the removal of weaker performing products and drive better returns and transparency for members.
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Industry News
Better Advice Bill reforms commence
The Financial Services and Credit Panel now has its own statutory functions and powers, while tax financial advisers have new requirements.
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Helping Advisers Promote your Managed Accounts
How can managed account providers make their products more compelling to advisers to leverage the continued growth and adoption of these investment solutions?
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Industry News
ASIC ends 2021 with disciplinary blitz
The Australian Securities and Investments Commission ended 2021 with a raft of fines, bannings, licence cancellations, and a bankruptcy notice.
Industry News
Selling price of planning businesses increases
The selling price of financial planning businesses has increased for the first time in 13 years with demand for older clients and complete licensee groups of 50 to 200 authorised representatives.
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Industry News
ASX-listed manager invests in US private equity
Multi-boutique asset management firm, Pacific Current Group, has acquired a 35% stake in the US-based private equity real estate firm, Banner Oak Capital Partners.
Industry News
Super co-contribution regulation consultation released
The Government has released the consultation draft of the super co-contribution regulations.
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Industry News
Firetrail launches global equity fund
The fund would invest in 30 companies which it felt were benefiting from positive change in sustainable areas such as carbon reduction.
Industry News
Praemium sells international business
Praemium has sold its international operations in the United Kingdom, Jersey, Hong Kong and Dubai to Morningstar for $65.1 million.
Industry News
AFA CEO steps down
The Association of Financial Advisers chief executive, Helen Morgan-Banda, has stepped down from her role after five months and Phil Anderson has been appointed as the association's new CEO.
Features
Money Management Original
A case of déjà vu
There was no let-up in compliance and regulatory changes for financial advisers in 2021, writes Laura Dew, as they rushed to meet the FASEA deadline by the end of the year.
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