MM Newsletter
  27 October, 2020
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Latest News
Money Management Research
ASIC explains no action position on super advice
Superannuation funds identified as having delivered advice which might be detrimental to their members were asked to do no more than put it right and confirm they had done so to the Australian Securities and Investments Commission.
Money Management Original
ASIC warning – get DDO right from day one
A tick-a-box approach to the new design and distribution obligations will not do and financial services will need to get the new regime right from day one, according to the Australian Securities and Investments Commission.
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Bridging the platform gap
The digitalisation of advice is creating a breadth of technology partners & solutions for advisers to improve business & client engagement processes. But is it a case of less is more?
Money Management Research
Which Aus equities led the way after nine months?
One Australian equity fund has managed to return 24.1% by buying and short selling Australian listed securities and derivatives.
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Industry News
VOFF calls on ASIC for apology
The Victims of Financial Fraud has said it was “angry” with ASIC chair, James Shipton’s, handling of the Trio Capital scandal as while he had submerged “his own head in the trough allegedly at taxpayer expense”.
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Industry News
'Disappointingly slow' progress on investment industry diversity
Willis Towers Watson has outlined eight steps that firms can use to improve their rate of progress on diversity.
Industry News
Easiest part of the economic recovery almost over: Calvert
The easiest part of the recovery is almost over as risk assets have continued to rebound into the third quarter and the US Fed continues to support the bond market.
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Industry News
COVID-19 accelerates already existing trends in society
The world after COVID-19 will see materially changing governance in the world and accelerate the already existing themes and trends in society, the global economy and geopolitics, according to Martin Currie.
Industry News
Unlicensed SMSF business ordered to windup
The Federal Court has ordered Secure Investments and Aqulia Group to wind up after it found Secure Investments and its director Mudasir Naseeruddin had breached the Corporations Act.
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Industry News
Fraudulent investment business owner charged and arrested
Matthew Beresford has been charged and arrested, and the funds and websites of Maxwell Financial Services and Asset Capital Holdings have been frozen.
Industry News
SGH appoints key account manager
Asset manager SG Hiscock and Company has appointed Rebecca Collins to the newly-created role.
Industry News
ASIC’s Daniel Crennan resigns amid expenses issues
The corporate watchdog’s deputy chair has tendered his resignation to Treasurer Josh Frydenberg with immediate effect.
Industry News
Bell Direct appoints two to new service
Ryan Phillips and Lewis Hsu have been appointed to roles in its new Bell Direct Advantage Service for its sophisticated, self-directed, and active investors.
Expert Analysis
Money Management Original
Why value matters when growth is on a tear
Jacob Mitchell writes why market extremes are indicating a market rotation might be on the cards between value and growth.
Money Management Original
Listed vs unlisted: what’s the difference?
While investors may know they should consider infrastructure in portfolios, writes Steven Klempster, they may be in the dark over the different types available to them.
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