MM Newsletter
  15 March, 2021
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Latest News
Money Management Original
AMP’s top executives on ‘retention payments’
AMP’s top executives may have foregone their short-term incentives, but the company claims to be sufficiently worried about losing them that it has lined them up with ‘retention payments’ payable this year.
Money Management Original
Future Super refuses to reveal size of key BetaShares rebate
The scale of a rebate provided by BetaShares to Future Super has given it a competitive edge over a comparable Vanguard product but the super fund is refusing to tell a parliamentary committee how big that rebate actually is.
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Industry News
Liberal and National MPs look to halt SG rise
Governments need to think carefully about embracing ideas that would be popular for the polls but would make lives worse, according to AustralianSuper chair, Don Russell.
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Industry News
The hefty cost of not complying with an ASIC EU
A Gold Coast accountant and former authorised representative who gave self-managed superannuation funds advice has discovered what it costs when you fail to adhere to a court enforceable undertaking.
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Industry News
CBA hits back at FSU criticism
The big four bank has disputed claims from the Finance Sector Union that it is asking members to vote for “wage theft”.
Industry News
Plato upgrades dividend forecast after strong reporting season
ASX 200 gross yield is likely to be 4.8% in 2021, according to Plato Investment Management, with the company having upgraded its forecast from 4.1% at the start of the year.
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Industry News
Foresight Analytics buys ARA
Foresight Analytics has announced it has acquired Melbourne-based Australia Ratings Analytics from Australia Ratings Group in order to build its market share.
Industry News
ASIC imposes additional conditions on AxiCorp AFSL
The corporate regulator has applied the extra conditions after the over the counter derivatives business was suspended last year.
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Editorial
Money Management Original
Successive Govts have failed on financial planning regulation
If financial advice is to be made more affordable, the layer upon layer of financial planning regulation needs to be stripped back and the Australian Securities and Investments Commission is not the vehicle to achieve that.
InFocus
Money Management Original
InFocus: AMP topping up its war chest but what about advice?
Mike Taylor writes that if AMP’s joint venture with Ares around its private markets business comes to fruition it will have topped up the company’s commercial war chest but reshaping the advice business remains a significant work in progress.
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