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MM Newsletter
21 Jun 2024
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Latest News
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Financial planning
Count leads financial adviser losses

There have been four consecutive weeks of adviser declines as eight financial advisers depart the profession this week, with the majority leaving from Count.

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Financial planning
Senate committee delays DBFO bill report

The Senate economics legislation committee has pushed back the release of its findings on the Delivering Better Financial Outcomes bill, the same day as the Coalition writes to Financial Services Minister Stephen Jones to demand changes.

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Funds management
Sydney AFSL receives $3.1m penalty

A Sydney-based subsidiary of a private equity firm has received an infringement notice for alleged serious failures from the Markets Disciplinary Panel.

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Financial planning
Fears of experience pathway abuse over lack of FAR check

Compliance experts have warned there is potential for the experience pathway to be abused if licensees fail to check whether an individual has the necessary 10 years’ experience and former employed advisers face the greatest challenge.

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Funds management
Guzman Y Gomez joins ASX in blockbuster IPO

Mexican restaurant chain Guzman y Gomez has listed on the ASX in a blockbuster IPO with shares rising by a third upon opening.

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Funds management
Treasury reveals Sustainable Finance Roadmap to drive private capital

The Treasury has announced its latest roadmap to support growth in Australia’s sustainable finance markets and tackle greenwashing, including several upcoming milestones.

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Podcast
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Editorial
Relative Return: Demystifying the use of
hedge funds

In this episode of Relative Return, host Keith Ford sits down with Mariana Paul, investment specialist for O’Connor and head of sales and distribution for South-East Asia at UBS Asset Management, to discuss alternative investments and hedge funds.

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