MM Newsletter
  18 August, 2020
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Money Management Original
Are licensees unwilling to fund technology solutions?
The authorised representatives are feeling hamstrung by the unwillingness of their licensees to provide appropriate fintech and regtech solutions, according to the Financial Planning Association.
Industry News
Why front-loading discounts on life/risk premiums has failed
New research has confirmed what most life/risk advisers already knew – that front-loading discounts on life/risk products to buy market share ultimately works against the best interests of consumers.
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Inflation - is 2% the right target?
Main Street and Wall Street have divergent opinions about the Fed's longstanding 2% inflation target.
Money Management Original
Actuaries confirm early release disadvantage for under 35s
A new report from the Actuaries Institute has confirmed the degree of disadvantage which will be endured by those under 35 as a result of the COVID-19 pandemic and measures such as the Government’s hardship early release superannuation regime.
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Industry News
One-in-five Tasmanians used early super access scheme
Ditching the superannuation guarantee scheme would be “saddling the next generation with a whopping pension bill”, according to a super body.
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Hidden risks in a safe haven
In this new whitepaper, Macquarie explores the different types of cash products and looks at the place cash plays as part of a portfolio. Request your copy now.
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Industry News
Westpac will not pay dividends
The big four bank said it would not pay dividends for the first half of 2020 to retain its strong balance sheet while it monitored the uncertain environment.
Money Management Original
NGS and Australian Catholic Super to merge
Non-Government Schools Super and Australian Catholic Super have initiated a merger process that would see the creation of the largest super fund in the non-Government schools sector.
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Industry News
Pandemic pushes economic equality four years back
There has been an increase in the number of women on ASX 200 boards but the unemployment caused by the pandemic has caused the timeline to gender economic equality to rise from 32 years to 36.
Industry News
Investor interest increasing for ignored A-shares
Interest in “largely shunned” Chinese A-shares is likely to increase as the weighting in the MSCI Emerging Markets index increases and China recovers well from the pandemic.
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Industry News
Fiducian posts growth in FUMAA
Fiducian Group has reported a $600 million increase in funds under management, advice and administration while revenue was up 11% counting year-on-year.
Industry News
Cromwell urges shareholders to reject latest ARA bid
This is the third attempt in less than a year by ARA Asset Management to elect its nominee Gary Weiss to the Cromwell Property Group board.
Industry News
Ex-Macquarie team hits $300m AUM
Ex-Macquarie Asia team, Stonehorn Global Partners, has announced it has raised over $300 million in assets under management in its first year and continues to grow its presence in Australia by hiring a distribution professional to launch a fund.
Industry News
Unregistered MIS ordered to wind up
The unregistered managed investment scheme by Askk Investment Group is to be wound up as it had put substantial funds at risk for investors who were not afforded the protections of a lawfully registered scheme.
Industry News
DomaCom’s equity release approved by ATO for downsizer contributions
The Australian Tax Office has confirmed that a part disposal of a home can be claimed as downsizer contributions and this has been extended to DomaCom’s senior equity release.
Expert Analysis
Industry News
Tech in a post-COVID world
It is not enough to take a broad focus on ‘technology’, writes Nick Griffin, as there are three specific sectors showing particular promise in a post COVID-19 world.
Industry News
Pandemic proves catalyst in ESG uptake
With the advent of COVID-19 and the inevitable subsequent economic downturn, writes Guillaume Mascotto, will investor interest in ESG investing continue to accelerate, or will it take a back-step?
Industry News
Platforms: When one size does not fit all
There are ongoing questions, writes Shannon Bernasconi, over how platforms are funded and whether clients are fully understanding of what service they are receiving.
Industry News
Market rally creates opportunity in global listed real estate
The recent rally has seen equity markets recover dramatically from the downturn, but listed real estate trusts have lagged the broader market, writes Chris Bedingfield.
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