MM Newsletter
  18 November, 2022
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Latest News
Industry News
Over 350 new entrants join industry YTD
There have been 355 new entrants to the financial advice industry so far this year, a number equivalent to the third-largest licensee.
Industry News
Newly-advised clients outpacing client attrition
The number of newly-advised clients has outpaced client attrition for the first time in three years according to Investment Trends, while consumers have increased the amount they are willing to pay by 28%.
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Industry News
AFCA secures $900m for consumers in four years
The financial complaints authority said it has received 200 complaints on average every day since 2018 but financial advice does not feature among top complaints.
Industry News
Mining industry spurs slump in Australian dividends
Janus Henderson analysis has flagged a US$7.7 billion reduction in the value of dividends paid to Australian shareholders.
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Industry News
ETF industry soars back to growth
The ETF industry saw significant positive flows in October thanks to global market performance compared to losses of $5.6 billion in the previous month.
Industry News
Natixis IM appoints two distribution execs
Natixis Investment Managers has appointed Danny King as head of institutional sales and Jason Guthrie as head of wholesale.
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Outsider
Industry News
When beauty doesn’t equal brains
When picking equities, Outsider’s years in the investment management industry have taught him there are multiple different factors affecting whether to invest a stock.
Industry News
Sips during sessions
When Outsider eventually steps down from his journalism work, he’s always thought a profitable sideline would be hitting the conference circuit.
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Industry News
The battle of the baristas
Having lived all over Australia as he’s chasing down stories, Outsider can vouch for the varying different qualities of coffee nationwide.
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