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MM Newsletter
07 May 2024
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Latest News
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Financial planning
Adviser recruitment falls down the priority list

Two industry executives have highlighted why financial advice practices are less focused on adviser recruitment, as technology means they can service more clients with fewer staff.

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Funds management
Material risk observed in sustainable ETF selection

Confusion around what classes as “sustainable” can lead to large fund performance differentials, making fund selection a material risk for advisers, according to Scientific Beta.

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Promoted Content
Annuities and high-net-worth clients: a strategy consideration

Meet Michael and Michelle, they are keen to leave their kids a significant benefit following their passing but also want the ability to spend comfortably and confidently in retirement.

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Financial planning
ASIC’s Kirkland clarifies SOA checking concerns

Despite fears under the first draft QAR bill, ASIC has confirmed that it does not expect superannuation trustees to check every Statement of Advice.

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Financial planning
Count extends Iress partnership by 3 years

Iress has signed a three-year extension of its agreement with Count, enabling the financial services firm to continue using advice software Xplan to support its growth ambitions.

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Funds management
Retail outflows cause flat Magellan FUM

After five consecutive months of positive flows at Magellan, April saw $0.2 billion in institutional inflows offset by the same volume of retail outflows.

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Funds management
Former APRA chair appointed to ASX board

The ASX board has appointed Wayne Byres as a non-executive director, who previously served as APRA chair for more than eight years.

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Feature
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Features
A 21-hour day: The life of an EM fund manager

The global nature and geopolitical threats involved in investing in emerging markets can mean the job of an emerging market manager entails additional challenges than its developed markets counterpart.

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