MM Newsletter
  13 October, 2021
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Money Management Original
Safe harbour removal needs to be top priority
The cost to produce advice is around $5,335 but the average adviser is charging $3,660 and removing safe harbour and strengthening the code of ethics will reduce the cost by 9%, according to KPMG.
Money Management Original
Pre-retirees with advisers are happier
Pre-retirees are the least happy retirement cohort because of the financial stress of approaching retirement but those with an adviser report higher life satisfaction, according to a Fidelity survey.
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FE fundinfo to make DDO Data and TMDs available to Advisers
Advisers will soon be able to incorporate DDO data and TMD documents in their portfolio construction and client reporting as FE fundinfo announces that they will be integrating DDO data and TMD documents into their suite of products, including the flagship research tool FE Analytics.
Money Management Original
EISS investigating confidentiality breach
The industry superannuation fund is investigating an issue in relation to board documents being sighted by the Electrical Trades Union.
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Industry News
Peak passed for equity markets: Natixis IM
The investment manager believes the spread of the COVID-19 Delta variant has stabilised but the peak for equity markets has passed.
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The megatrends shaping property investments
Societal megatrends will have big implications for real estate – boosting some sectors and disrupting others. First Sentier Investors Global Head of Property Securities delves into the six trends shaping the next decade.
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Money Management Original
Geographic tilt creates risk for derivative investing
Australian investors face several challenges when assessing the basis risk of derivative investing, including the fact many derivatives products are tilted toward geographies outside of Australia.
Industry News
Australia ‘catches up’ with global peers on ESG
Net inflows to environmental, social and governance equity funds were $1.6 billion in the third quarter of 2021, according to Calastone.
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Industry News
IAM appoints CEO
Income Asset Management Group has appointed former UBS investment specialist, Jonathan Baird, as chief executive as well as executive director for Fortlake Asset Management.
Industry News
Vanda Gould sees AFS license cancelled
The regulator has cancelled the Australian financial services licence of disgraced former tax agent Vanda Gould.
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Industry News
Ignition appoints senior adviser
Ignition has announced it has appointed Andrew Baker into the newly-created role, providing guidance for the firm’s Asia Pacific business strategy.
Industry News
AMP appoints private market board leaders
As part of the demerger of AMP Capital’s private market business, it has appointed Patrick Snowball as chair designate and Andrew Fay as deputy chair designate to help with progressing the operational separation.
Features
Money Management Original
Attracting female talent
In a bid to improve a lack of female participation in financial advice, firms are actively offering and supporting initiatives aimed at recruiting females, writes Laura Dew.
Money Management Original
Delivering a social dividend
Going beyond responsible investment screens, Chris Dastoor writes, investors want to see that their manager is creating a social dividend as well as financial returns.
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