MM Newsletter
  20 August, 2021
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Latest News
Money Management Original
Disciplinary actions taken against advisers low despite noise
Only 203 advisers have had disciplinary actions taken against them by the corporate regulator since 1993, according to Wealth Data.
Money Management Original
Advisers urged to highlight intangible advice benefits
Advisers need to work on better communicating the intangible benefits brought about by advice if they want potential clients to value their service.
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What’s next for markets?
Watch the replay of the BlackRock Mid-year Global Outlook. Watch now and earn CPD.
Money Management Original
Advisers warned ‘don’t fight regulation’
Building a relationship with clients for the long-term is more important than regulatory change if advisers want to stay in business, according to a panel of advisers.
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Money Management Original
APRA looks to identify poor insurance pricing practices
The prudential regulator is collecting more granular data on insurance premiums given the deteriorating experience in individual disability income insurance.
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Playing the long game in China
Increasing affluence in China is changing household spending patterns. Whilst urbanisation benefits our resources sector, the opportunity for Australian businesses is likely to be much broader in the future.
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Money Management Original
Cookie cutter RI approach a risk for ‘rainbow-washing’
Responsible investment firms need to make sure they are following a framework that has comprehensive long-term goals, rather than following a cookie cutter approach that does not fit their agenda.
Industry News
Value of advice highlighted for super accounts
Research from SuperRatings highlights how much worse off a super balance could be worth if it makes permanent decisions based on short-term market moves, showing the value of using advice within super.
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Industry News
Solid FY21 start for median growth super funds
Domestic and global shares and bonds boosted the median growth superannuation fund during July, and the cumulative return since the COVID-19 sell-off in March 2020 is now at 27%, according to Chant West.
Industry News
FASEA 3-month rule amendment registered
The amendment instrument that scraps the three-month registration requirement for the November 2021 exam has been registered and registrations for the exam are now open.
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Industry News
BlackRock appoints iShares and index investments Asia-Pacific head
Peter Loehnert has been appointed head of iShares and index investments for Asia-Pacific, commencing from the start of October.
Industry News
EQT posts 43% growth in FUMAS
EQT Holdings has announced a 43% year-on-year growth in funds under management, administration and supervision to $144 billion for the year.
Industry News
Perpetual’s adviser business sees record net flows
Perpetual Private has recorded net flows of $783 million, which includes over $400 million from its adviser growth strategy, but Perpetual Limited’s net profits after tax has declined due to one-off items.
Industry News
Iress financial advice revenue drops 4%
In its half year results, the firm attributes the decline to advisers migrating to independent advice firms.
Outsider
Money Management Original
Gold medal for advertising
If there was a gold medal for advertising in the Olympics, Outsider believes Aware Super would take out the gold medal spot.
Money Management Original
Different but same numbers
While Outsider has been closely watching the daily numbers of COVID-19 cases spreading across the east coast, he finds it very confusing and struggles to figure out what those numbers really mean.
Money Management Original
Taking a break for a swim
With several states back in lockdown, it was unsurprising that Parliamentary sessions were back to Zoom and Outsider is amused to see Parliament House is not immune from lost connections.
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