MM Newsletter
  15 April, 2020
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Latest News
 
Average cost of super fund comprehensive advice – $2,000 - $2,500
Answers delivered to a key Parliamentary Committee have revealed just what superannuation fund members pay for both comprehensive and intra-fund advice. For more.
 
Latest exam result shows need for more entrants
Another drop in the pass rate for the FASEA exam has shown the industry is going to struggle to give affordable advice to Australians unless it can bring in more talent. For more.
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Growth in ESG investing, an opportunity for advisers
With interest in ethical investing growing fast, advisers who are educated on the options available for ethical investing will be in a strong position to cater to this growing market of investors. For more.
 
Melbourne wealth firm calls out likelihood of depression
Nucleus Wealth claims to have foreseen the implications of COVID-19 and de-risked its clients early – now it is pointing to the possibility of a global depression. For more.
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Professional bodies join to give easy access to advice
Five professional bodies have teamed up to help Australians receive easy access to professional advice, given the COVID-19 pandemic. For more.
 
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The right assets at the right time
Static portfolios can leave investors vulnerable in times of stress, so investors need to evaluate how their level of diversification that will offset their portfolio in terms of drawdown protection. For more.
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ASIC relief changes ‘more important than ever’: Hume
The Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume has welcomed the changes by the corporate regulator to assist consumers impacted by COVID-19 to receive financial advice. For more.
 
Use re-investment plans to pay dividends: Plato
Plato Investment Management has urged the big four banks to continue with their dividend payments by utilising their dividend re-investment plans to protect investors who rely on them for income. For more.
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Beware of bear market honey trap
Investors have to avoid being lured into the bear market honey trap because of minor market rises, according to sharemarket strategist and market analyst, Rod North. For more.
 
Infrastructure funds feel hit of travel restrictions
The restrictions on travel have dented the performance of global listed infrastructure funds, according to Zenith investment Partners, but greater downside protection means they have managed to outperform global equities over 12 months. For more.
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Infrastructure mispricing creates opportunities
Infrastructure mispricing creates buying opportunities although parts of the sector have been hit by the COVID-19. For more.
 
ASIC grants three advice relief measures
The corporate watchdog has announced three temporary relief measures to help consumers receive affordable and timely financial advice during the COVID-19 pandemic. For more.
 
Briggs returns to FSC as deputy CEO
Westpac head of government affairs for wealth, Blake Briggs will return to the Financial Services Council as deputy chief executive. For more.
Expert Analysis
 
Easing the regulatory burden during a pandemic
As Australia moves under lockdown, ASIC needs to ease the regulatory burden for advisers unable to meet face-to-face with clients, writes Shannon Bernasconi. For more.
 
Inoculating against a potential fraud pandemic
We all need to keep our vigilance high during these extraordinary times, but perhaps nowhere is our attention more warranted than over money and data, writes Dean Martin. For more.
 
Helping your clients understand estate planning
It is critical that people understand what happens in that often-unknown process of passing away and are prepared with a will, writes Anna Hacker. For more.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia