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Showing 1311 - 1320 of 4160 results for "April"

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... non-farm payrolls numbers, underscoring the bother Uncle Sam finds itself in. The US unemployment rate soared to 14.7% in April -- its highest level on record - from 4.4% in the previous month (reality) and, mind you, the rise in the jobless rate happened ...

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... COVID-19 has soared, while the company has also had to deal with the new early release of superannuation rules. "At the end of April AMP received approximately 50,000 requests for the early release of super," he said. Confidence that the AMP Life sale ...

Former Cbus advice head launches referral program

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
... developing better advice models. The firm has since added Paul Pellegrino as a non-executive director with effect from 22 April 2020. Pellegrino is a founder and managing partner of Partners In Planning Group.

Volatility continues to drive investors

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
... on the prior corresponding period, while the average daily value traded on-market hit $6.8 billion, 57% higher than last April. Unsurprisingly, with significant movement in the market, volatility also increased. As measured by the average daily movement ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... $2,118,340 million at the end of December 2019. By the end of March, this had dropped to $1,594,791 million. For the month of April, the daily number of trades was up 27% on the ASX when compared to the previous quarter, with investors trading $6.8 billion ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal Court about an AFCA decision asking the fund to refund a member ...

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... from ME Bank, seen by Financial Standard, showed a customer's redraw balance had been slashed from $92,700 (as at 17 April 2020) to $76,200 on 23 April 2020 (or by $16,500). The customer, who has less than $10,000 remaining on their mortgage and ...

Chief economist update: Will emerging markets be first to emerge?

BENJAMIN ONG  |  THURSDAY, 7 MAY 2020
... cuts implemented by the Fed in July, September and October 2019. Until the coronavirus became a pandemic, that is. In its April WEO update, the IMF declared that, "Among emerging market and developing economies, all countries face a health crisis, severe ...

Long/Short fund returns 23.2% in April

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
An ASX-listed global equities long/short fund has returned 23.2% in April, as global bourses rebounded following their March lows. L1 Capital's Long Short fund lifted 23.16% pre-tax during the month, however the fund is still down 11.57% since the beginning ...

Software provider launches ERS tech solution

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... Solutions has announced an ERS capability that will allow clients to commence processing the ATO's ERS payments from the April 20 commencement date. The government's legislative changes included a reduction in the minimum drawdowns from pensions as well ...