MM Newsletter
  09 July, 2021
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Latest News
Money Management Original
Rate of adviser exits to prolong
The current forecast still assumes the number of advisers will fall and plateau to 15,000 but this may take longer than initially predicted thanks to recent exam relief measures.
Money Management Original
Aware Super paid $470k bonus to CIO
The bonus was four times the amount of the average balance of its members, but the superannuation fund said its bonus and remuneration structure was set at the median of the broader wealth industry.
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Behind the scenes of generating alpha
Learn how the BlackRock High Conviction Australian Equity Fund provides a differentiated approach to investing. Hear from the team on the trends they’re watching to help look for tomorrow’s winners.
Industry News
Compliance continues to be top adviser challenge
The most burdensome compliance-related tasks for advisers are file noting and data collection at the fact-find stage, according to a report.
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Money Management Original
AustralianSuper queried on data handed to The New Daily
The superannuation fund has said it would hand over its members’ first names and emails to the publication if an arrangement were to go ahead.
Sponsored Content
Reimagining buildings on the journey to net zero
Approximately one third of all global carbon emissions come from the real estate sector. First Sentier Investors Head of Global Property Securities, Stephen Hayes, highlights the opportunity set for investors in the coming decade.
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Money Management Original
Financial press not a substitute for professional advice
Asked during a Parliamentary committee, Fiducian says reading the financial press is not a substitute for receiving professional financial advice.
Industry News
Insurance inside super exempt from Govt deferred sales model
Life insurance and group insurance inside superannuation will be exempt from the Government’s deferred sales model.
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Industry News
All advisers allowed to sit Nov FASEA exam
The Financial Adviser Standards and Ethics Authority has walked back on the three-month rule, and will also add future exam options for the July exam takers in Sydney who are affected by the lockdown via an amendment.
Industry News
Industry teams up to deliver DDO templates
The Financial Services Council has announced a collaborative work with members across the financial services industry to design templates to help enable the implementation of a new mandatory regime.
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Industry News
Netwealth FUA reaches $47b
Record annual net inflows of $9.8 billion has seen the platform reach almost $50 billion in funds under administration.
Industry News
AMP to sell AMP Capital GEFI to Macquarie for $185m
As part of its demerger strategy with AMP Limited, AMP Capital’s global equities and fixed income business will be sold to focus on private markets across real estate, infrastructure, and associated adjacencies.
Outsider
Money Management Original
Turning a certain age
As a man of a certain age, Outsider might be forgiven for not being keen to celebrate his birthday when it rolls around each year.
Money Management Original
Not talking the talk
Outsider was left feeling perplexed when he sat next to an AMP employee at a recent conference after his seat companion laughed at the idea that inappropriate behaviour was no longer tolerated.
Money Management Original
Putting YOU in the picture
Outsider thought he already heard about the strangest rebrand of 2021 when he read about Standard Life Aberdeen rebranding as ‘Abrdn’ earlier this year.
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