MM Newsletter
24 Mar 2023
Latest News
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Which licensee has seen the most adviser growth YTD?

A Victoria-based licensee has reported the highest volume of adviser growth since the start of the year, according to Wealth Data.

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Former ANZ and AMP financial planning exec joins super fund

A former chief executive of financial planning at ANZ has taken up a role as the head of a major superannuation fund.

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Schroders slashes equity weighting on flagship fund to 15-year low

The $2.8 billion flagship Schroder Real Return fund is holding its lowest weighting to equities since inception in 2008, as its managers are opting to hold cash for unexpected opportunities instead.

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Inflation hits spending patterns of retirees

Some 80% of retirees say they are already negatively feeling the impact of inflation and the majority are concerned it will mean they run out of money, according to Challenger.

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MLC Asset Management expands investment team

MLC has internally appointed two joint heads of the capital markets research team and co-portfolio managers of choice products.

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Morrison & Co appoints senior BlackRock exec

Alternative asset manager Morrison & Co has hired a senior BlackRock executive to join its board as non-executive director.

Outsiders
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Commotion at the association

When it comes to a business merger, achieving the voting approval can be just the first step.

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Running and regulating

When it comes to human interest stories, the Australian Prudential Regulation Authority is keen to let the organisations it regulates know its staff are more than just faceless automatons.

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An extra 26 days for golf

Outsider is hopeful of the news from advice firm Invest Blue that it is trialling a move to a nine-day fortnight for its staff.

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