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Showing 1161 - 1170 of 1326 results for "Pandemic"

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
In one of the most tragic of COVID-19 consequences, the pandemic is driving Australians to ask their life insurers whether their policies cover them for suicide, the House of Representatives Standing Committee on Economic has heard. Appearing before ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
COVID-19 will be the shove that forces some superannuation funds to merge, while others thought safe prior to the pandemic will also be left pondering consolidation. According to QMV practice lead Anthony Forbes, there are certain funds that are going ...

Is it really as bad as it seems?

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
Pandemic, crisis, unprecedented; these are some of the terms that have been filling up our newsfeeds, but is this really such a big deal? Everyone has heard the phrase 'don't let the solution be worse than the cause' and many people think this is worth ...

Investment approaches in change phase

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... from strategic asset allocation (SAA) to a total portfolio approach (TPA). At the end of 2019, before the effects of the pandemic reached Australian shores, Willis Towers Watson and TCorp conducted a study into current and future allocation practices ...

Advice chief leaves industry fund giant

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... Mercer's chief risk and compliance officer. UniSuper said that for the moment, it is more focused on the COVID-19 pandemic than on finding permanent replacements for McCartney and Yadav. "UniSuper has put the selection process for these roles on ...

ANZ profits halve, dividend deferred

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
... historically low levels and we are well positioned the manage the higher credit charges taken as a result of COVID-19." The pandemic has clearly impacted performance, but work done in recent years to simplify ANZ will serve the bank well during this ...

Aussie equities winners, losers revealed

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... market. Driven by a tsunami of investor money, 2020 looked to be on a trajectory for a repeat of a stellar 2019 before the pandemic hit. "On 20 Feb 2020, the S&P/ASX 200 Index reached an all-time (intra-day) high of 7,199," Morningstar said. "But just ...

Queensland funds delay merger

HARRISON WORLEY  |  WEDNESDAY, 29 APR 2020
... delayed, owing to difficulties in conducting due diligence while staff are working remotely as a result of the COVID-19 pandemic. According to the fund, the delay was "not unexpected". "Due diligence activities regarding our merger with Sunsuper are ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
Economic experts are calling on the government to commit to "gargantuan" fiscal stimulus measures, amounting to at least 15-20% of Australia's GDP per year for the next two to three years. Anything less, they argue, will run the risk of a debt-default ...

Pandemic puts pressure on ETF spreads

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
The spreads on many exchange-traded products were wider than usual amid the COVID-19 market crash, with price discovery becoming increasingly more difficult. That's according to ETF Securities co-head of sales Kanish Chugh, who pointed to global equity ...