MM Newsletter
19 Dec 2022
Latest News
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INDUSTRY NEWS
Which assets could perform best with possible economic recovery?

Big tech and certain small companies could be the first to rebound if markets gain confidence that the end of interest rate rises are in sight, Fidelity International suggests.

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INDUSTRY NEWS
Expect further M&A in 2023: EY

M&A activity in the asset and wealth management space is expected to continue in 2023, according to EY, as firms see pressure on margins and profitability.

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INDUSTRY NEWS
Cancellation and 10-year bans for ‘layered advice’ approach

ASIC has banned two responsible managers for 10 years and cancelled the AFS licence of National Advice Solutions for adopting a ‘layered advice’ approach.

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INDUSTRY NEWS
Woman sentenced for role in superannuation crime syndicate

A Melbourne woman has been sentenced for her involvement in a crime syndicate which stole over $3.3 million from superannuation and share trading accounts.

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INDUSTRY NEWS
ASIC makes first civil DDO action against financial product distributor

ASIC has commenced its first civil penalty action against a distributor of financial products in the Federal Court for alleged breaches of the design and distribution obligations.

Features
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INDUSTRY NEWS
Why this ex-Army duo switched to financial advice

Former commandos Warren Loudon and David Vaughan launched their financial planning firm with the goal of “providing life changing advice to good people.”

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