MM Newsletter
  20 September, 2021
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Latest News
Money Management Original
Super funds ‘terrified’ of giving advice
Greater regulatory clarity is needed to ensure superannuation funds can fill the gap between comprehensive advice which should sit outside of super funds in most instances, according to a panel.
Industry News
EISS chair exits super fund
Following the departure of chief executive, Alex Hutchison, earlier this month, EISS has lost its chair Warren Mundy and elected a replacement.
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An alternative source of income
Times are tough for investors looking to add value through a defensive portfolio. Find out where commercial Real Estate (CRE) debt fits in a defensive portfolio with an income focus.
Money Management Original
Advisers have ‘box seat’ to add value
Financial advisers have an opportunity to create value by taking more responsibility in the investing process and lowering costs at the same time, according to Financial Simplicity.
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Money Management Original
The ‘extraordinary times’ of M&A market
A booming mergers and acquisitions situation and record-low interest rates are the two biggest factors driving the equities market, according to Airlie Funds Management.
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FE fundinfo to make DDO Data and TMDs available to Advisers
Advisers will soon be able to incorporate DDO data and TMD documents in their portfolio construction and client reporting as FE fundinfo announces that they will be integrating DDO data and TMD documents into their suite of products, including the flagship research tool FE Analytics.
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Industry News
Aussie mums miss out on more than $1.6b in retirement
If the Government does not ensure superannuation is paid on parental leave the country will continue to see too many women to retire into poverty, according to Industry Super Australia.
Industry News
T.Rowe Price appoints Aus/NZ head of institutional
Craig Hurt has joined global investment firm T. Rowe Price as its new head of institutional for Australia and New Zealand, where he will be responsible for enhancing client engagements.
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Money Management Original
SMSF wind-ups drop off in FY21
There were around 13,000 fewer wind-ups of self-managed super funds in FY21 than in the previous year with the number falling to just over 2,000, according to the Australian Taxation Office.
Industry News
Deakin and Kaplan to offer SMSF adviser designation
The SMSF Association has entered into new partnership agreements with Kaplan Professional and Deakin University to offer its SMSF Specialist Advisor designation.
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Industry News
BNP Paribas launches three sustainable trusts
The trusts would expand the firm’s range of sustainable products, including one focused on Chinese equities.
Industry News
ASIC permanently bans ex-adviser
The corporate regulator has permanently banned Ross Andrew Hopkins from providing financial services after it found he had made 167 unauthorised transfers totalling $2.94 and used stolen funds for personal use.
Industry News
CSLR will shift cost to firms that had no wrongdoing
The Government’s proposed compensation scheme of last resort will likely have a future cost of advice failures that is $8 million higher than the Government forecasts.
Industry News
EQT FM not to proceed with planned Iress takeover
EQT Fund Management says there were no “red flags” but has decided not to proceed with the acquisition as Iress aims to double net profit after tax by 2025.
Industry News
Metrics hires sustainability-focused investment director
Metrics Credit Partners, one of Australia’s biggest non-bank corporate lenders, has announced new appointments within its investments and corporate teams to support its environmental, social and governance integration.
Editorial
Money Management Original
Is the Government’s inquiry into capital concentration a result of their own doing?
While the Government has called the inquiry “urgent”, what is perhaps more urgent is handling the advice industry given droves of advisers are leaving the industry due to the mounds of regulation.
InFocus
Money Management Original
InFocus: Common ownership: genuine risk or partisan wedge issue?
Although seemingly having good intentions for the public, Chris Dastoor writes, political battle lines have taken priority in the common ownership inquiry.
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