MM Newsletter
15 Sep 2023
Latest News
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Female advisers comprise less than a quarter of the profession

According to Wealth Data, less than a quarter of all financial advisers on the ASIC FAR are women, with the accounting and super fund business models having the highest number of female advisers.

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End of a 40-year era for RBA’s Lowe

RBA governor Philip Lowe will mark his last day at the central bank today after more than 40 years as he hands over the reins to Michele Bullock.

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Submissions open for 2023 ifa Excellence Awards

Nominations and submissions have opened for the 2023 ifa Excellence Awards to be held in Sydney on 6 December.

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National merger to create $64bn financial services business

Two national financial services businesses are set to merge this month to create a $64 billion diversified firm with more than 500 staff, striving to become ‘Australia’s trusted home for great advice’.

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Perpetual announces global equity fund shake-up

Perpetual has announced a shake-up of two funds as part of a strategic review, which is understood to mean two portfolio managers will depart the business.

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Two CEOs join FSC board

The Financial Services Council has appointed two financial services chief executives to join its board.

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A fortunate outlook for China

Newly opened this year from its COVID-19 lockdowns, two tailwinds are in place which are making China a more appealing investment option for Australian investors.

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