MM Newsletter
  10 March, 2021
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Latest News
Money Management Original
ASIC remediation regime could bankrupt small advice practices
The Financial Planning Association has warned that without a scaled approach by the Australian Securities and Investments Commission small financial planning practices could be bankrupted by its proposed new advice remediation regime.
Money Management Original
Salaried advisers signal preference for self-employment
While financial advisers have signalled they are generally open to switching licensees, salaried advisers have strongly signalled they are attracted to self-employment.
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Money Management Original
Want the ASIC levy decreased? Lobby Josh Frydenberg
The Association of Financial Advisers has urged members to directly lobby the Federal Treasurer, Josh Frydenberg if they want ASIC’s proposed levy increase reduced.
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Money Management Original
YFYS to push super funds to inferior returns: Thinking Ahead Institute
The Your Future Your Super reforms shift a reference portfolio from “being usefully operational to being detrimentally behavioural”, the Thinking Ahead Institute believes.
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Money Management Research
The four-figure returns from blockchain stocks
Blockchain will support the changing landscape and provide confidence in data security, according to Wealth Within, and one particular stock is up over 1000% in the past year.
Industry News
Investors likely to lose money if emotional investing continues
Emotional investing costs investors around 3% in lost returns a year over the long-term, according to Oxford Risk.
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Industry News
Almost 31% of home loans in arrears
Almost 31% of Australian mortgages are in arrears, with SA and Queensland the worst hit states, according to a survey from Finder.
Industry News
Dividend return welcomed by philanthropic investors 
The return to strong dividends in 2021, though lower than pre-pandemic, will be helpful for philanthropic investors who rely on them to meet charitable commitments.
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Industry News
Channel Capital appoints distribution director
Phelim O’Neill has been appointed as distribution director to its Sydney office, responsible for relationships across the adviser, family office and wholesale channels in NSW and the ACT.
Industry News
AMP Capital sells its Global Companies fund
AMP Capital has entered into an agreement which will see the sale of Global Companies capability to Canadian-based firm, Fiera Capital.
Features
Money Management Original
Where do we go from here?
There was support for increased standards in the financial advice industry, Chris Dastoor writes, but any goodwill was destroyed by FASEA in just a few years. Where did it all go wrong?
Money Management Original
Balancing returns while excluding mining
Australian investors need to consider whether they are willing to sacrifice returns for their ethical values as the exclusion of miners could cause a significant skew to portfolios, Laura Dew writes.
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