MM Newsletter
  12 May, 2021
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Latest News
Industry News
Budget opens door to dismantling SMSF legacy products
Market-linked lifetime products which have passed their use-by date can be progressively dismantled thanks to changes announced in the Budget.
Industry News
FPA welcomes cap on ASIC spending
The Financial Planning Association has pointed to the winding up of FASEA and a cap on Australian Securities and Investments Commission spending as being positives from the Budget.
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Finding growth through sustainable innovation
More people are trying to live sustainably. The Franklin Global Equity team discuss innovative solutions to address this trend while also providing attractive growth opportunities.
Money Management Original
Will new executive faces move AMP beyond De Ferrari era?
AMP Limited’s controversial “transformation” strategy is reaching completion and the company has moved to change to a new executive team as chief executive, Francesco De Ferrari exits and Alexis George takes the helm.
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Industry News
March exam highlights problem areas
In the latest FASEA exam, advisers struggled with demonstrating knowledge of advice documentation, practical application of due diligence in financial advice, and the application of the code of ethics.
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How next-gen modelling tools can empower advisers
Stochastic modelling offers a number of benefits over traditional tools and methods, including increased confidence in outcomes. Learn about the benefits and options available.
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Industry News
Super funds not using digital advice will get left behind
Superannuation funds may struggle to be as competitive without using digital advice to scale as the need to close the advice gap increases, according to Bravura solutions.
Industry News
BetaShares co-founder now CFO
Co-founder of the exchange traded fund provider, Jason Gellert, has been appointed as chief financial officer.
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Industry News
Budget did not leverage RIR
The Budget could have made more impactful changes to the retirement incomes system to help those at risk of poverty in retirement, according to the Actuaries Institute.
Industry News
Investors should be selective about global sell-off
The global sell-off should be a reality check for investors, according to the chief executive of DeVere Group.
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Industry News
Somers acquires 15% of Aura Group
The deal would allow alternative investment and wealth management platform Aura Group to expand into Europe and Asia Pacific.
Industry News
ASIC warns about suspicious website
The corporate regulator is warning investors that the website limestonefx.com is suspicious and that it cannot help reclaim any lost funds, as it is hosted overseas.
Industry News
Nuveen expands international housing team
It has made five new hires globally, including Ben Taylor as director of Asia Pacific housing, based in Sydney.
Industry News
Fidelity appoints sustainable investing director
Gabriel Wilson-Otto has been appointed by Fidelity International as director for sustainable investing.
Features
Money Management Original
Are we back to normal?
Despite the move to remote working, the impact of the pandemic on the property market was not as bad as people had expected, writes Oksana Patron.
Money Management Original
Will SMSF advice be a test-bed for limited advice changes?
Mike Taylor writes that the popularity of self-managed superannuation funds and the failure of the so-called limited licensing regime may make SMSFs the test-bed for proposals around more cost-effective limited/strategic advice.
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