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Showing 1111 - 1120 of 3874 results for "August"

ESG crisis returns overcooked: Research

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... conclude that celebrations of ESG as an important resilience factor in times of crisis are, at best, premature," they said. In August, Morningstar's Global Sustainable Fund Flows report examined 3432 sustainable open-end funds and exchange-traded ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... it will deliver an immediate increase in age pension for certain asset tested retirees. In its FY20 results reported on August 13, Challenger Life - which includes annuities as well as other life products - saw total sales rise 13% to $5.2 billion. But ...

ERS applications slow

ELIZA BAVIN  |  MONDAY, 24 AUG 2020
... the start of the Early Release of Superannuation (ERS) scheme, but applications appear to be slowing down. In the week to August 16, around $600 million was paid out to members, down from over $700 million the week prior. In total, over $31 billion has ...

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... didn't exactly quote this proverb when he testified before the House of Representatives Standing Committee on Economics on August 14, he offered a different prescription. "Give man a fish" - JobKeeper, JobSeeker, Backing Business Initiative, HomeBuilder ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
... is back, back in contraction that is. The Commonwealth Bank flash Australia composite PMI fell to a reading of 48.8 in August - indicating "Contraction, change of direction" - from 57.8 in July - indicating "Expansion, faster rate of growth". To be sure ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... fees. It has also launched a similar case against StatePlus. ASIC alleges that on 2643 occasions from September 2014 to August 2017 Asgard charged 404 customers around $130,006 for financial advice after requests were made for advisers to be removed ...

ATO implements JobKeeper changes

ELIZA BAVIN  |  THURSDAY, 20 AUG 2020
... should start paying new eligible employees a minimum of $1500 per fortnight from the JobKeeper fortnight, which commenced on August 3. For the fortnights commencing on 3 August 2020 and 17 August 2020, the ATO is allowing employers until 31 August 2020 ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... return of -10.57% and a total return of -4.44% on an annualised basis over the past three years. Since its inception on 13 August 2015, the fund has recorded an annualised NTA return of -5.99% and a total return of -0.27%. "Our proposal is to reposition ...

New chair at Platinum Asset Management

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... Platinum's ASX listing in 2007. Taking his place on the board is Guy Strapp, who will be a non-executive director from August 27 and become chair from November 21 when Cole retires. Strapp has 35 years of experience - both on the investment and distribution ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... the months prior to Black Tuesday in 1929 (often considered the prelude to the Great Depression), from June 1997 until August 2001 (the tech boom and bust), and at the end of 2017 until October 2018 - after which Wall Street posted its worst yearly performance ...