MM Newsletter
  29 June, 2021
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Latest News
Money Management Original
ASIC levy to push advisers to exit before end of financial year
The end of the financial year will see a greater loss in adviser numbers than usual from advisers wanting to avoid the next round of the ASIC levy.
Money Management Original
FASEA extension may only help a few hundred advisers
Under 1,800 advisers have failed the exam and a quarter of those have failed twice or more, and an industry extension to September would have helped practices that had not finalised succession planning.
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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.
Money Management Original
Address underinsurance with simplified advice process
Advice affordability is deteriorating and advice fees should be tax deductible, according to ClearView.
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Industry News
50% of Aussies to be self-funded in retirement by 2050
More Australians retirees having higher super balances and the decline in the proportion of retirees reliant on the Age Pension will mean retirees will rely on super for health and aged care expenditure.
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The golden rules of commercial property investment
Help give your clients the returns they need. Adding commercial property into their portfolio mix could be worth considering. Discover the rules here.
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Industry News
Profitability hit forecast for asset managers
The profitability of asset managers is likely to see a “dramatic” change in the next five years, according to EY, as inflows are forecast to fall to around 2% per annum.
Industry News
Advisers flock to ETFs
The number of advisers who use exchange traded funds has more than doubled over the last decade, according to BetaShares and Investment Trends.
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Industry News
Equity risk if inflation passes 4%
A rising inflation environment could benefit value stocks in the near term but, if inflation passes 4%, then it could start to ‘choke’ equities, according to T. Rowe Price.
Industry News
ASIC cancels BBY’s licence
The Australian Securities and Investments Commission has cancelled the Australian financial services licence of BBY Limited, effective 24 June, following the earlier suspension.
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Industry News
Apex defeats SS&C in bid for Mainstream
Fund administrator Mainstream has terminated its scheme implementation deed with SS&C after it failed to beat an offer by Apex.
Expert Analysis
Money Management Original
Supporting FASEA candidates
Phil Anderson writes how advisers can be supported in the in the run up to the FASEA exam deadline as this can be a stressful period for those yet to pass.
Money Management Original
Planning for the end
When running an advice practice, writes Craig West, it is prudent to think about how to exit it in the best possible way from the beginning.
Money Management Original
Challenging the traditional platform role
Platform providers need to consider how they can best work together with advice practices to help them run smarter businesses, Edwina Maloney writes.
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