MM Newsletter
  20 July, 2021
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Money Management Original
Wealth coaches and 'finfluencers' next bubble to burst
Any wrongdoing by advice providers working outside the licencing regime will see financial planners bear the brunt of their actions, according to an association.
Money Management Original
AIOFP attacks govt with video on advisers
A video detailing the Liberal Government’s “unfair” treatment of financial advisers has been launched and suggest for clients to tell the government to stop supporting banks or they will lose their vote in the upcoming election.
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Something has to give
Franklin Templeton Fixed Income CIO Sonal Desai discusses the US Treasuries sharp rally over recent weeks with yields dropping. She outlines 3 possible scenarios and logical implications of each.
Money Management Original
Magellan opts out of targeting net zero goal
Magellan chair Hamish Douglass has hit out at “arrogant” asset managers who are seeking to control net zero emissions in their portfolios although it could offer a low carbon fund in the future.
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Industry News
Retirement income covenant position paper released
The paper has outlined what should be included in a retirement income strategy plan developed by trustees to assist members in achieving retirement income needs.
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Enhance the return profile of defensive portfolios
Hear from Tim Dowling as he discusses the income and growth challenges faced by retirees and how a new defensive alternative can help achieve better outcomes for your clients.
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Industry News
Super funds deliver stellar FY21 returns
The top 20 performing balanced options all returned over 18% to their members over the year, according to SuperRatings.
Industry News
ASIC publishes IDR data dictionary and glossary
The internal dispute resolution reporting documents have been released ahead of the pilot test which will launch later this year.
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Industry News
Gap narrows between manager outperformance
The gap between the best and worst-performing managers narrowed in the last financial year with the median Australian equity manager outperforming the index.
Industry News
Worn and Satchell launch wealth tech advisory arm
Peter Worn and Aron Satchell have announced they have expanded Finura Group’s reach into technology consultancy by launching its independent wealth technology advisory arm.
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Industry News
Schroders appoints head of Australian fixed income
Stuart Dear has been promoted to lead the fixed income team and will be responsible for $6 billion in funds under management.
Industry News
FASEA seeks consultation on approved degrees and courses
A draft amendment will look to facilitate incorporation of course approvals into the legislative instrument.
Industry News
HUB24 appoints chief product officer
The platform provider has appointed Darren Stevens to the newly-created role where he will lead strategic product development initiatives.
Industry News
Pengana appoints equity fund manager
Pengana Capital has appointed a second manager to its High Conviction Equities fund.
Industry News
Budgeting provider MyBudget applies for ASFL
The application follows an investigation by the corporate regulator after concerns unlicensed financial services were being conducted during the COVID-19 pandemic when more consumers may face financial hardship.
Industry News
Former super CEO appointed Bennelong chair
Former First State Super chief executive and Order of Australia recipient, Michael Dwyer, has been appointed as chair of Bennelong Funds Management Group and Bennelong Funds Management.
Expert Analysis
Money Management Original
Changes to RSE licensees
There have been numerous changes to the financial services obligations of superannuation funds, writes David Court, so trustees must know what is expected of them.
Money Management Original
Seeking drivers of real estate investment
Understanding different real estate sectors is critical at a time when real estate has been impacted by global structural changes, writes Dania Zinurova.
Money Management Original
An educator's perspective on FASEA
With just a few months to go until the FASEA deadline, writes Brian Knight, even those who are considering leaving the industry would be advised to have an attempt.
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