MM Newsletter
  26 April, 2021
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Latest News
Money Management Original
Treasury points to 21 MySuper under-performers.
Some 21 MySuper products currently on offer in the market and holding over $100 billion in funds are under-performers and their members simply don’t realise it, according to the Federal Treasury.
Industry News
AFA declares win for advisers on claims handling
Financial advisers can comfortably continue to provide clients with assistance around life insurance claims handling thanks to greater regulatory clarity provided by the Federal Government.
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Industry News
Planning file notes ‘solid gold’ against disputes
Detailed file notes are one of the biggest factors that can help defend financial planners against complaints and planners need to be innovative when managing their recording keeping, according to the Financial Planning Association.
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Industry News
2021 global performance to surpass pre-COVID levels
The world economy could grow by over 6% in 2021, potentially reaching as high as 7.5%, according to PGIM Fixed Income.
Industry News
Cyberattacks and data loss top risk concerns
With extensive remote working due to the COVID-19 pandemic, company IT systems are at high risk of vulnerability for directors and officers, according to a survey.
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Industry News
Women retire with over $30,000 lower balance in super than men
Women retire on average with a balance of $122,848 in super compared to men who, on average, retire with $154,453, according to the Association of Superannuation Funds Australia (ASFA).
Editorial
Money Management Original
ASIC acknowledges a problem with PI, Treasury should act
It is high time for the Government to recognise that professional indemnity insurance is a problem that cannot go unaddressed as it moves towards a compensation scheme of last resort.
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InFocus
Money Management Original
InFocus: Why the Budget will reset the super guarantee timetable
Mike Taylor writes that political ideology will have as much to do with the future of the superannuation guarantee as economic capability.
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Money Management · Level 10, 4 Martin Place, Challis Place · Sydney, NSW 2000 · Australia