Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1261 - 1270 of 1326 results for "Pandemic"

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... superannuation trustees are facing three competing sets of problems as they deal with the unprecedented challenges posed by the pandemic, with investment governance, administration and operational effectiveness, and insurance all simultaneously competing ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
... reality is that times of economic weakness do impact demand for healthcare services," he said. "To date in the COVID-19 pandemic, we are seeing GP visitation decline as individuals are avoiding places with higher risk of transmission. This has had a ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... at an online event. The revision comes as CBA boosts support for home loan and credit card customers impacted by the pandemic. CBA will make payments to support customers who have been granted a six-month deferral to offset interest on interest costs ...

ACTU pokes holes in JobKeeper

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... to ensure all casuals covered if they could have reasonably expected to work but lost their jobs at the hands of the pandemic. "Many of these workers may not have worked the last 12 months," she pointed out. "We also want to ensure that this subsidy ...

COVID-19 will increase demand for advice: Survey

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
... forward. More than half of the advisers (54%) said Royal Commission recommendations should be put on hold during the pandemic. A further 25% said a three-month extension would suffice and 14% were undecided. Seven percent of them believed current circumstances ...

Super funds must prioritise liquidity: Regulators

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... arrangements. The directive follows the recent decision of UniSuper to halt the practice altogether in light of the COVID-19 pandemic. Additionally, trustees are being urged to ensure the accuracy of unlisted and illiquid asset values. Mostly, the regulators ...

Market recovery or dead cat bounce?

ALLY SELBY  |  TUESDAY, 31 MAR 2020
... generations, and the crisis is global in nature. There's also still a very large degree of uncertainty as to how the pandemic is likely to play out from here." He urged investors to take a long-term view instead of trying to time the market. "At ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... from their super savings this financial year and next, to help nurse them through the economic impacts of the COVID-19 pandemic. The Senator pointed out the "strong support" of funds like Sunsuper, MLC and AustralianSuper of the government's initiative ...

Investors flock to TCorp floating rate note

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
TCorp has increased issuance into its 2025 floating rate note, as investors seek shelter from the COVID-19 pandemic and its impact on financial markets. With the COVID-19 pandemic continuing to impact financial markets, New South Wales' $108 billion ...

CareSuper leads super satisfaction

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
... members may not be beaten for some time, given many funds will have taken performance hits as a result of the COVID-19 pandemic. "As we can see from the year-on-year satisfaction data, 2019 was a fruitful year for super funds, not only in the returns ...