MM Newsletter
09 Dec 2022
Latest News
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INDUSTRY NEWS
Volume of advisers’ potential clients rises by 74%

Population growth combined with a shrinking number of advisers means there has been a 74% rise in potential clients available per adviser, while total superannuation per adviser has doubled to $201 million.

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INDUSTRY NEWS
Why this ex-Army duo switched to financial advice

Former commandos Warren Loudon and David Vaughan launched their financial planning firm with the goal of “providing life changing advice to good people.”

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INDUSTRY NEWS
Ausbil chief exec to retire

Boutique fund manager Ausbil has announced chief executive, Ross Youngman, will retire in the third quarter of 2023.

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INDUSTRY NEWS
ASIC commences proceeding against OnePath Life

ASIC has commenced Federal Court proceedings against OnePath Life for allegedly failing to act with utmost good faith during claims handling, the first time it has sought financial penalties for this breach.

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INDUSTRY NEWS
Over half of advisers pass Nov exam

Over half of advisers sitting the November financial adviser exam passed the test, according to latest ASIC figures.

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INDUSTRY NEWS
CBA increases CountPlus remediation by $220m

Commonwealth Bank of Australia has set aside a further $220m to cover remediation of legacy fee for no service conduct at Count Financial.

Outsider
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INDUSTRY NEWS
The battle of the baristas

Having lived all over Australia as he’s chasing down stories, Outsider can vouch for the varying different qualities of coffee nationwide.

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INDUSTRY NEWS
Sips during sessions

When Outsider eventually steps down from his journalism work, he’s always thought a profitable sideline would be hitting the conference circuit.

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INDUSTRY NEWS
When beauty doesn’t equal brains

When picking equities, Outsider’s years in the investment management industry have taught him there are multiple different factors affecting whether to invest a stock.

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