MM Newsletter
28 Jun 2023
Latest News
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OpenInvest CEO on being in the ‘right place at the right time’

EXCLUSIVE Speaking to Money Management, Melbourne-based OpenInvest chief executive, Andrew Varlamos, believes the firm was in the ‘right place at the right time’ when it came to the uptake of online advice.

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10 ways ASIC’s industry funding model could change

The government has made 10 recommendations on ASIC’s industry funding model following a Treasury review and confirmed the temporary levy relief for personal financial advisers will not be extended.

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Ares seeks to unearth investment opportunities offering higher yields and diversification in what they view as more senior, higher quality segments of the corporate debt and alternative credit universes.
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‘We are absolutely not leaving Australia’: Abrdn

EXCLUSIVE Abrdn managing director, Brett Jollie, has detailed the firm’s future plans in Australia as it selects MSC Trustees as its new responsible entity.

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Advance AM to cease direct retail distribution

Advance Asset Management has announced changes to the eligibility criteria for investment in its wholesale unit funds, months after it transitioned to Mercer Australia.

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Firetrail COO to lead Pinnacle retail distribution

Kyle Macintyre, investment director and COO at Firetrail, has been appointed head of retail distribution at Pinnacle Investment Management.

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Government launches second consultation on climate-related financial disclosure

The government is seeking views on its proposed position for the implementation of an internationally-aligned climate disclosure, following its discovery consultation last year.

Expert Analysis
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How advisers can protect charitable bequests

Challenges to wills have been unrelenting as household debt grows so it is important to establish a watertight vehicle, writes Mercia Chapman.

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