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Showing 1271 - 1280 of 4160 results for "April"

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... current situation, and some may have even benefitted. "It will be fascinating to see. I think the inflows will tank in the April to June quarter because so many businesses were shut down and so the flow of compulsory super would have stopped," Heffron ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
... Management subsidiary which acts as its responsible entity. The fund's assets dwindled by $3.21 million from March end to April end. Clients who invested in the fund at its inception in May 2014 and stayed until April end would have lost 2.71% of ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... reading of 30.5 in May (from a record low of 13.6 in the previous month); manufacturing PMI rose to 39.5 in May (from 33.4 in April); services s PMI went up to 28.7 in May (from 12.0 in April) - private sector activity remained in deep contraction territory. ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
... worth investors. It is primarily a debt fund that lends money to IPO Wealth Holdings trading as Mayfair 101 Holdings. On 7 April 2020 Vasco froze redemptions for IPO Wealth fund investors due to a lack of liquidity. Vasco said at the time that it intended ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... to the new fund chosen by its board, Mercer, citing COVID-19. A spokesperson for AMP said the transfer was completed on April 28. Late last month, QSuper and Sunsuper delayed their proposed merger saying due diligence was tougher while staff are working ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... other nations across the globe. All Abe was constitutionally allowed to do when he first declared the state of emergency on April 7 in seven prefectures (and later expanded to all of Japan on April 16) was invoke the Japanese' sense of community ...

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
... in bachelor or higher level financial advice degrees are not existing advisers, he added. FASEA said 470 advisers sat the April exam, which was held remotely due to COVID-19. Numbers were down significantly from the 2231 advisers who sat the February ...

ERS withdrawals surpass $10bn

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
... withdrawn under the government's Early Release of Super scheme, with 70% paid out by just 10 funds. Over the period from April 20 to May 17, payments that have been made to eligible members have taken an average of 3.3 business days to pay after ...

Blame put on businesses for JobKeeper error

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
... declaration, which is required before payments can be made. "Employers can still apply up to May 31 for payments made in April," it said. "Moreover the program will remain open to businesses that meet the eligibility criteria at any time over the six ...

IOOF settles class action

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
... group announced to the ASX this morning it has settled in the class action brought by Quinn Emanuel Urqhart & Sullivan in April 2019. The class action alleged IOOF engaged in misleading or deceptive conduct, that executives knew of the risky conduct ...