MM Newsletter
05 Oct 2023
Latest News
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Q3 sees plenty of ASIC bans and court action

The last three months have seen at least three high-profile court cases involving adviser misconduct, keeping the corporate regulator on its toes to wrap up a busy quarter.

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Could banks move into the retirement space?

EY believes there is a benefit for banks in returning to the wealth space and developing decumulation products for consumers entering retirement.

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ASIC prosecution referrals plunge by half since 2019

The Senate Economics References Committee has shared data from the Commonwealth Director of Public Prosecutions on the number of prosecutions referred to it by ASIC in the last financial year.

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Expanded media platform unveiled to support Australia’s cyber sector

Australia’s leading source of market intelligence and news for the cyber security sector, Cyber Security Connect, has today rebranded to Cyber Daily.

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Financial planning leading to better outcomes beyond wealth

A global survey launched on World Financial Planning Day has examined the impact of advice across quality of life, financial confidence, financial satisfaction and experienced value, busting
long-standing misconceptions of the profession.

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Perth advice firm plans national expansion with AZ NGA deal

AZ Next Generation Advisory is to acquire a stake in The Wealth Designers as the Perth advice business seeks to have an office in every Australian capital city.

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Franklin Templeton appoints APAC distribution head as Harrison relocates

Franklin Templeton’s Sydney-based APAC co-head, Matthew Harrison, is to relocate to Europe, and the global fund manager has hired a new head of APAC distribution.

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Expert Analysis
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The healthcare burden no one is talking about

The financial burden of chronic disease is growing, making life insurance as important as private health insurance, writes Michael Pillemer.

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