MM Newsletter
  22 January, 2021
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Latest News
Money Management Original
Time to let advisers use their professional judgement
Financial advisers need to be trusted and empowered to use their professional judgement in circumstances where many are highly educated and have years of experience, according to the Association of Financial Advisers.
Money Management Original
Another 30 advisers head for the exit
There has been a net loss of close to 30 adviser roles, despite the lack of any major market announcements this week.
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Don't fight the fed
How should investors respond to a new low yield problem and what to consider when designing your asset allocation for a post-Covid world.
Money Management Original
Adviser concern over post-FASEA exam suicide story
Financial advisers have expressed concern over an industry podcast which has revealed how the pressures generated by the Financial Adviser Standards and Ethics Authority regime may have acted as a catalyst for one adviser’s suicide.
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Industry News
Providing simple advice simply will reduce cost
Removing the term ‘general advice’ and renaming intrafund advice and robo-advice to intrafund information and robo information would help reduce the cost of financial advice, The Advisers Association believes.
Money Management Research
Schroders questions rally in travel stocks
Travel stocks may have rallied from the announcement of the vaccine but Schroders “struggle to understand” how they can be trading at pre-pandemic levels given the continued border closures.
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Money Management Original
Inflationary signs ahead but 2021 might be safe: GSFM
Even with the unemployment rate at a 50-year low, there are not any signs that inflation is accelerating.
Industry News
Kaplan offering free exam support
The education provider will offer free enrolment into the three versions of the Kaplan Adviser Practice Exam, monthly webinars and individual tutoring.
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Industry News
TAL to continue virtual masterclass in 2021
The life insurer will virtually continue its FASEA Exam Masterclass through the TAL Risk Academy.
Industry News
State Super appoints CIO
Deputy chief investment officer and CFS Societies Sydney president, Charles Wu, will take on the role.
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Industry News
AFCA forced to change its approach to ARs
A loss in the NSW Supreme Court and action by the Australian Securities and Investments Commission has seen the Australian Financial Complaints Authority forced to change the way it handled complaints relating to authorised representatives.
Industry News
More limited advice may be the answer but advisers are being hamstrung
Advisers would like to deliver more cost-effective limited advice but are being precluded from doing so by regulatory uncertainty and an approach by the regulators and licensees which makes it too expensive.
Industry News
Netwealth’s FUA hits $38.8b in 2020
Netwealth’s funds under administration net inflows increased 36.1% last year to $9.2 billion.
Outsiders
Money Management Original
From the folks who brought you Viagra – a vaccine
Outsider regrets to say that his extensive portfolio of investments does not include pharmaceutical giant Pfizer which at the time of writing has announced that with its German partner, BioNTech has come up with a COVID-19 vaccine which appears to be 90% effective.
Money Management Original
Graceful or not. Who exited fastest in 2020?
As this is the last print edition of Money Management for 2020 but Christmas is still some weeks off, Outsider thought he would start a new tradition – The Rapid Exit Award – and it turns out that 2020 has a few candidates vying for the laurels.
Money Management Original
Sleepy Joe Awakens
Outsider has previously mused over Donald Trump’s messaging cutting through in Australia, with the “Sleepy Joe” moniker catching on with the delegates at the Association of Financial Advisers annual conference last month.
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