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Showing 1151 - 1160 of 1757 results for "Covid"

FASEA brings back remote tests

ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
As Melbourne has returned to a strict lockdown to battle a second wave of COVID-19, FASEA has responded by bringing back remote tests. "Following the reimposition of Stage 3 stay at home restrictions for metropolitan Melbourne and Mitchell Shire and ...

US surpasses Asia Pacific for HNWI growth

ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
... third of the total wealth of all HNWIs. However, even the exceptionally wealthy did not manage to avoid the impacts of the COVID-19 pandemic. The World Federation of Exchanges estimates that COVID-19 erased more than $18 trillion from markets in February ...

Netwealth booms amid pandemic

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... about our roadmap and strategic direction." And although FUA net inflows slowed during March due to the disruption caused by COVID-19, Netwealth saw a reversal in June. "Pleasingly, during the June quarter Netwealth experienced a gradual improvement ...

Insurance premiums soar at Qantas Super

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... switched insurers to MetLife. The fund blamed a range of factors for the increase, mostly surrounding the effects of the COVID-19 pandemic. "A range of factors mean that our insurer considers it is more likely that members will make insurance claims ...

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
The ASX has announced it will extend its temporary capital raising measures until November 30, as a second wave of COVID-19 infections batters Victoria. The measures were originally due to expire on July 31 and granted a temporary class waiver to lift ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... period of time, consolidating debt, or a combination of these methods. Over 800,000 loans have been deferred during the COVID-19 crisis. "This next phase of bank support will avoid a 'cliff' for customers in September and give them the breathing space ...

Private equity weathers COVID-19 crisis: Research

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... research from asset consultant Willis Towers Watson has found that private equity investments have weathered the impact of the COVID-19 financial crisis, despite a subdued environment for exit deals in the first half of the year. In a survey of 36 private ...

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... gaping void between what consumers once wanted from financial advice and what they want now and it's being accelerated by COVID-19, according to research from KPMG. KPMG surveyed more than 1500 consumers in May to ask them about their experiences of ...

Equity Trustees nabs new director

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
... outcomes and the technical complexities of governance and regulation," Lally said. "Recent market volatility and the impacts of COVID-19, including unprecedented numbers of people accessing part of their superannuation early, alongside an inherently ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... statement Lowe also pointed to the issue being faced in the global economy due to the outbreak and containment measures of the COVID-19 pandemic. "The global economy has experienced a severe downturn as countries seek to contain the coronavirus. Many ...