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Showing 1211 - 1220 of 1758 results for "Covid"

Super funds face fresh data requirements

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
... prudential regulator will request additional data from the country's super funds, in a bid to understand the full impact of the COVID-19 pandemic on the industry. The COVID-19 Pandemic Data Collection (PDC) will enable the regulator to conduct an ongoing ...

Dividend yield set to dial down to zero

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
... zero over the coming period. "There are some companies whose earnings have not been badly impacted, if not enhanced, by COVID-19 and they will be in a position to maintain or even enhance dividends. This includes the likes of Woolworths, Coles and other ...

Managed funds redemptions top US$62bn

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... across the globe have suspended redemptions so far this year, already higher than at least the previous eight years, owing to COVID-19, according to Fitch Ratings. Fitch attributed the high level of suspensions in redemptions to valuation uncertainty ...

HLB appoints chair

ALLY SELBY  |  TUESDAY, 23 JUN 2020
... leading the Brisbane firm will serve him well," he said. "The timing of the appointment is also significant in this post-COVID-19 world. The ability for James to draw upon client and management experience, and share this knowledge at a regional level ...

Managed accounts demand rises: Zenith

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
... said demand for its managed accounts services grew amid the uncertainty and volatility in investment markets sparked by the COVID-19 pandemic. Zenith chief executive David Wright said it was not unexpected that advice firms were proactive in seeking ...

First Nations Foundation gets COVID-19 funding

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... First Nations Foundation, an Indigenous-led not-for-profit that promotes financial literacy, has received funding to deliver COVID-19 support to women. The foundation was one of only four recipients of this funding from the Department of Prime Minister ...

Challenger raising $300m, to add IG bonds

KANIKA SOOD  |  MONDAY, 22 JUN 2020
... dividend for FY20 which would have normally been paid in September. "Asset risk premiums have widened significantly following COVID-19 pandemic market sell-off with investment grade fixed income providing compelling risk adjusted returns. Illiquidity ...

COVID-19 brings trading boom

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
New data shows sharemarket engagement has ticked up since the COVID-19 pandemic set in, as more Australians work from home. Latest nabTrade data reveals applications to the share trading platform increased 360% over the last quarter, with trading volumes ...

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
New research has revealed the extent of the economic impact of the COVID-19 pandemic on the nation's retirees, with many now fearful for the future. In a survey of 1007 current and prospective retirees nationwide, Allianz Retire+ found that four ...

Another billion removed from super

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... the determination that we issued in respect to your application," the ATO said. This means the amount paid to you under COVID-19 early release of super will become assessable income and need to be included in your tax return and you will pay tax on the ...