MM Newsletter
  29 January, 2021
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Latest News
Money Management Original
IOOF’s adviser numbers down
This has been a tough week for IOOF given that the financial planning groups operating under its umbrella have topped the list for the highest declines in adviser numbers, according to HFS Consulting.
Money Management Original
Don’t unnecessarily entangle advisers says FPA
Financial advisers should not be unnecessarily entangled by the Government’s new insurance claims handling legislative framework just because they are taking on a new client, according to the Financial Planning Association.
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Don't fight the fed
How should investors respond to a new low yield problem and what to consider when designing your asset allocation for a post-Covid world.
Money Management Original
SG rise opposite of what govt is doing for businesses: Hume
Jane Hume has said the legislated superannuation guarantee rise had put the government in an “awkward” position as it was trying to lower costs to businesses.
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Money Management Research
Net zero a fiduciary responsibility: BlackRock
In its annual letters to chief executives and clients, the company has highlighted the efforts it has taken over the last year since it announced it will divest from coal.
Industry News
Majority of IPOs see positive gain
Around two-thirds of the initial public offerings launched in 2020 finished the year with a positive gain, although most were launched during H2.
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Industry News
Ord Minnett launches Tas office
It will be led by Luke Rybarczyk, senior investment adviser and branch manager.
Industry News
Super funds merging need to find ‘scale dividends’
Merging superannuation funds could use a centralised portfolio management structure to avoid becoming meagre with members in ill-fitting options, according to Parametric.
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Industry News
Look to data centres and warehouses for property growth
Megatrends such as the growth in e-commerce and shift to flexible working bode well for global listed real estate, particularly in areas such as data centres and warehouses.
Industry News
Cromwell appoints head of development
Chris Hansen has been promoted to the role, where he will oversee development and project management initiatives in both Australia and Europe.
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Industry News
Albanese adds superannuation to Jones’ portfolio
Labor front-bencher, Stephen Jones will go head to head with Senator Jane Hume in the growing debate around superannuation following a Federal Opposition front-bench reshuffle.
Industry News
ASIC warns of imposter bond scams
The Australian Securities and Investments Commission has warned investors of a rise in imposter bond scams.
Industry News
MLC Life appoints innovation head
In a boost to the company’s struggling technology services, it has appointed Rick Wingfield as chief innovation and transformation officer.
Industry News
IOOF dismisses $1.3b outflows as advisers exit
IOOF chief executive, Renato Mota, has downplayed the impacts of advisers who have exited.
Outsiders
Money Management Original
From the folks who brought you Viagra – a vaccine
Outsider regrets to say that his extensive portfolio of investments does not include pharmaceutical giant Pfizer which at the time of writing has announced that with its German partner, BioNTech has come up with a COVID-19 vaccine which appears to be 90% effective.
Money Management Original
Graceful or not. Who exited fastest in 2020?
As this is the last print edition of Money Management for 2020 but Christmas is still some weeks off, Outsider thought he would start a new tradition – The Rapid Exit Award – and it turns out that 2020 has a few candidates vying for the laurels.
Money Management Original
Sleepy Joe Awakens
Outsider has previously mused over Donald Trump’s messaging cutting through in Australia, with the “Sleepy Joe” moniker catching on with the delegates at the Association of Financial Advisers annual conference last month.
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