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Showing 1191 - 1200 of 1326 results for "Pandemic"

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... this policy as many of their workers have been stood down in recent weeks as Australia fights the COVID-19 coronavirus pandemic. "A majority of industry funds had declining month-on-month satisfaction in March and the challenge for all superannuation ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... COVID-19 and the economic havoc it has brought has resulted in demand for advice, Tynan said, but he also thinks the pandemic could be "another nail in the coffin" for the industry. "The demand is there. People want advice," Tynan said. "But in Australia ...

SMSFs granted annual return extension

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... indicative of how the ATO has responded in a constructive way to the economic and market consequences of this tragic pandemic, and we will continue to work with the regulator to ensure the SMSF sector emerges from this crisis in the best possible shape," ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... COVID-19 has left AMP around $18 billion shorter than it was at the beginning of the year, with the economic impact of the pandemic hitting the firm hard. Releasing its quarterly assets under management figures today, AMP revealed its Australian wealth ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... sales, Howes said adviser channel disruption since the Royal Commission had showed some signs of improvement before the pandemic hit. "There's no doubt that the challenges financial advisers were already facing following the Royal Commission have been ...

Market pain to continue: State Street

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... willingness to take on a little more risk given the fall in risk assets we have seen." As we learn more about the COVID-19 pandemic, he said, some uncertainty has been removed. "With markets reacting to news, we are now getting conditioned to coronavirus ...

Fiducian acquires advice practice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
... time." Fiducian said that all its advisers are able to work offsite, servicing clients from home during the COVID-19 pandemic. The cost of setting up work from home protocols with secure IT systems was estimated at $435,000 which Fiducian said it funded ...

Why COVID-19 could boost ESG

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
... and COVID-19. "Why do, we as humans, have such a hard time grappling with these risks? Why didn't we prepare for a pandemic, even when researchers laid out the problem for us?" Streur said. "Why aren't we dealing effectively with climate change ...

COVID-19 to lead to deglobalisation: Amundi

ALLY SELBY  |  TUESDAY, 21 APR 2020
Despite improving investor sentiment and inflows into emerging markets, the coronavirus pandemic will have a significant economic impact on several countries, as they struggle to manage the health emergency. That's according to Amundi Asset Mangement ...

Ethical fund manager wears $520m hit

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... offering. The wealth manager said that even when combined with the impact of the government's Early Release Scheme, the pandemic won't pose a liquidity problem for the fund, with additional stress testing showing it will meet redemption demand. ...