MM Newsletter
  18 June, 2021
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Latest News
Money Management Original
Double authorisations skew adviser numbers
The decrease in adviser roles number this week was almost twice as many as the loss of actual advisers at 100 and 53, respectively, due to double authorisations, according to data.
Money Management Original
Risk of clients ageing out of bring-forward contribution changes
Clients are likely to miss out if the Treasury Laws Amendment (More Flexible Super) Bill is delayed further as they may be too old to use bring-forward contributions before the end of the financial year.
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The next evolution of defensive portfolios
A simple reallocation can enhance the return profile of defensive portfolios while maintaining a high level of safety and protection. We explore how this can be achieved.
Industry News
Median balanced super fund up 1.1% in May
Despite a lag in vaccinations and snap lockdowns in the country, median balanced super funds experienced positive growth and are in position to end the financial year with double-digit returns, according to SuperRatings.
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Industry News
Mixed industry reactions to YFYS bill passage
While the Financial Services Council has welcomed the Senate passage of the Your Future, Your Super bill, Industry Super Australia and the Australian Institute of Superannuation Trustees believes the bill has stopped short.
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Why the fundamentals continue to support credit
Vivek Prabhu, Head of Fixed Income at Perpetual explains why fundamentals continue to support credit and how the teams approach helps ensure the Perpetual Diversified Income Fund provides the defensive characteristics investors are seeking.
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Industry News
RBA vows to extend QE beyond September
It is “too premature” for the central bank to think about stopping its quantitative easing programme when it concludes in September.
Industry News
YFYS bill passes in Senate
The Your Future, Your Super bill has now been passed in the Senate and will come into force on 1 July, 2021.
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Industry News
FSC appoints two to board
Sean West from Macquarie and Justin Delaney from Zurich have been appointed to the board of directors.
Outsider
Money Management Original
Dressing from one to the nines
Outsider was delighted to see some familiar and friendly faces at this year’s Money Management Fund Manager of the Year awards which invited guests to join as a live studio audience for the live streamed event.
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Money Management Original
No property woes for De Ferrari
Outsider is not worried for AMP’s Francesco de Ferrari even though he may be out of job, having recently exited his role as chief executive to make way for ANZ’s Alexis George, as it seems his property portfolio is still booming.
Money Management Original
Something to Bragg about
Senator Andrew Bragg, considered by very few to be a friend of the super industry, has once again called into question whether it was fair for compulsory public funds to be used to fund a publication that can be used for “political attacks”.
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