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Showing 1221 - 1230 of 3671 results for "Maintain"

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
The government has announced an extension to the early release of super program designed to help Australians experiencing hardship as a result of COVID-19. Originally, the program was set to end on 24 September 2020. Now, people will be able to apply ...

Property winners, losers of COVID-19 crisis

ALLY SELBY  |  THURSDAY, 23 JUL 2020
The COVID-19 pandemic has demonstrated the strengths and weaknesses of property assets; with clear winners and losers emerging in the wake of the crisis. That's according to Principal Real Estate Investors chief executive Todd Everett, who told ...

US considers restricting ESG in pensions

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
The US Department of Labor (DOL) is considering imposing strict rules on how pension funds invest, which could see the scope for ethical and responsible investing limited. The DOL has proposed an amendment to the Employee Retirement Income Security ...

Class launches Xplan integration

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... includes all investments held within Class, including unlisted assets such as direct property. This will allow customers to maintain a consistent portfolio position, while reducing double-data entry into both systems, Class said. "We know that the provision ...

No such thing as a free lunch: Lowe

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Reserve Bank of Australia governor Philip Lowe has said the government will likely need to borrow more money, but warned the central bank will not directly provide funding. Giving his annual address to the Anika Foundation, Lowe stressed that while ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...

Merged First State Super reveals new brand

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
... rebranding exercise is driven by the need for differentiating the fund from other similar-sounding funds, reducing costs of maintain multiple brands and highlighting the fund's "commitment to action and impact". "As we continue to grow and expand ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
The International Monetary Fund has predicted global public debt will rise to its highest levels in history as a result of the economic fallout from the COVID-19 pandemic. In the face of a sharp decline in global output, a massive fiscal response has ...

Cbus, Media Super start due diligence

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
The $54 billion Cbus Super and $6 billion Media Super have signed a memorandum of understanding and will commence due diligence. The two industry funds are aiming for the joint agreement to be in operation in 2021, conditional on due diligence to establish ...

Sequoia acquires advice firm

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
... three years. It will be absorbed into the 100% owned 'direct' client base of InterPrac Securities from July 2020. To maintain a continued relationship with InterPrac Securities, TCA have elected to take part cash and part equity in Sequoia. Sequoia issued ...