MM Newsletter
  25 June, 2021
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Latest News
Money Management Original
Over 100 advisers leave industry this week
The data from the Australian Securities and Investments Commission showed that the number of advisers dropped this week by 112 to 19,631.
Money Management Original
Advisers with major life events left out of FASEA extension
Industry associations have welcomed the one-off exam measure but would have liked the extension to have included those who had experienced significant events that had prevented them from passing the exam.
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Earnings outlook: A growing economy drives multi-year earnings rerates
Faced with the headwinds of pronounced health and economic uncertainty, what does 2021 and 2022 offer on the earnings front? Paul Xiradis, Executive Chairman, Chief Investment Officer and Head of Equities at Ausbil, shares his thoughts.
Industry News
Single disciplinary body welcomed
The introduction of the single disciplinary body as part of the Better Advice Bill will lift standards as it will be individual advisers who have to register themselves annually, the Financial Planning Association believes.
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Money Management Original
Advisers urged to register for July exam
Registrations close today for the July exam but sitting next month would give advisers the opportunity to sit again in 2022 if they fail.
Money Management Original
Third FASEA exam attempt welcomed
Another FASEA exam in 2022 will remove “great uncertainty” for those advisers sitting the exam in November, according to the Stockbrokers and Financial Advisers Association.
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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.
Money Management Original
Will ETMFs achieve same adviser take-up as ETFs?
Adviser take-up of exchange traded funds saw a drastic increase in 2020, and as more exchange traded managed funds hit the market, it could present more opportunities for advisers to create diversified portfolios.
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Industry News
Real interest rates suggest value in EM debt
Emerging market debt offers value opportunity after Q1 volatility, according to Eaton Vance.
Industry News
Societe Generale Securities conditions removed by ASIC
The additional Australian financial services licence conditions imposed on Societe Generale Securities Australia a year ago have been removed from 3 June, 2021.
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Industry News
FASEA exam extension until September 2022
The Government’s limited one-time extension for certain existing advisers to pass the exam will have until 30 September, 2022.
Industry News
Opportunity for FASEA exam retake in 2022
Advisers who have failed the FASEA exam at least twice will have a limited opportunity to sit it one more time in 2022 under new Government rules.
Industry News
Regulator set up to monitor ASIC and APRA
The legislation to set up the Financial Regulator Assessment Authority has passed to assist the corporate watchdog’s new chair to ensure the Australian Securities and Investments Commission is operating effectively.
Industry News
Half of Count Financial advisers have left CountPlus since acquisition
Approximately half of the advisers CountPlus had acquired from Count Financial have left, while 85% have completed the FASEA exam.
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.
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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