MM Newsletter
  20 June, 2022
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Industry News
The five priorities of the Quality of Advice Review
Five issues have been highlighted by the financial advice organisations as priorities for the Quality of Advice Review to improve.
Money Management Original
ALRC reveals feedback from advice legislation inquiry
The ALRC has detailed the stakeholder feedback it has received regarding definitions of financial advice and possible changes to the terms, although it will hold off making any change until the conclusion of the Quality of Advice Review.
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What managed account firms do differently that drives success
Against a challenging backdrop firms using managed accounts are thriving. Praemium's latest research identifies what these firms are doing differently to drive success.
Industry News
AFA cries out for certainty on how AFCA judges complaints
The financial advice profession needs more certainty on how the Australian Financial Complaints Authority will judge a complaint, says the Association of Financial Planners (AFA).
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Industry News
SIAA suggests ‘strategic advice’ definition
The Stockbrokers and Investments Advisers Association has defended the title of ‘general advice’ and warned investors may ignore material described as ‘information’, in its submission to the Quality of Advice review.
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Is green hydrogen a net zero game-changer?
The global race to decarbonise is driving strong investment into green hydrogen projects – could this prove to be a game-changer in achieving net zero emissions?
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Industry News
The factors likely to see Aussie stocks outperform in H2
Australian stocks are set to see relative outperformance in the second half of the year, according to T. Rowe Price, despite encountering difficulties in the first half.
Industry News
Financial crime compliance to cost industry billions
The Australian financial services industry is expected to spend more than $3 billion on financial crime compliance this year due to increased staff hiring and the increasing complexity to prevent financial crime, according to research.
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Editorial
Money Management Original
The unintended toll of the Royal Commission
It is no secret that the Royal Commission has impacted advisers but research has highlighted the severe toll it has taken on their health.
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