MM Newsletter
  22 February, 2021
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Latest News
Money Management Original
How much use is an AFCA review without discussion of broader costs?
The Federal Government has acted to initiate the scheduled review of the Australian Financial Complaints Authority but its terms of reference will not specifically touch on the sore points of a compensation scheme of last resort or the cost of professional indemnity insurance.
Money Management Original
ASIC scheduled to be back in the Parliamentary committee hot seat
Tough questions are awaiting the Australian Securities and Investments Commission when it fronts the Parliamentary Joint Committee on Corporations and Financial Services next month.
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Industry News
Australian companies see 38% fall in dividends
Over three-in-five Australian companies cut or cancelled their dividends between April and December 2020, according to Janus Henderson.
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Industry News
Relief for SMSFs with LRBAs
Self-managed superannuation funds with limited recourse borrowing arrangements will not be penalised for capitalising interest as a result of COVID-19.
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Does a sustainable approach improve investment outcomes?
The research on ESG and sustainable returns is investing in the approach does not sacrifice returns, or cost the investor more, and may enhance both risk and return. What has been the experience at Ausbil?
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Industry News
More than just super should be portable between jobs
A new report from the McKell Institute has suggested that the portability of superannuation between employers should extend to long service leave and sick leave.
Industry News
Chinese equities to outperform in the long-term
China has emerged from COVID-19 stronger than major western economies with tis fiscal and government debt intact, according to Antipodes Partners.
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Industry News
Investors believe ESG will outperform
Over the next three years, a majority of investors believe environmental, social and governance funds will outperform, according to a survey from bfinance.
Editorial
Money Management Original
Govt needs to destress licensee balance sheets
If the Government wants the industry to pay for a compensation scheme of last resort then it needs to review and remove many other regulatory costs, starting with professional indemnity insurance.
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InFocus
Money Management Original
InFocus: Minus its big jewels, is the AMP crown worth buying?
Mike Taylor writes that in the wake of Ares pulling back from its bid for the entirety of AMP Limited, the board and shareholders are being made patently aware that separating the company’s component parts is a dangerous strategy.
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