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Showing 1311 - 1320 of 5508 results for "Mid"

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... 'aa' category," the agency said. "We expect these conditions to affect asset quality and earnings in particular, with the mid-points of both factors reduced by a notch for the large Australian banks, with negative factor outlooks." Fitch said ...

Centrepoint executives depart, pay cuts implemented

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... crisis." Benbow said the company has been systematically moving from lower quality rebates to recurring fee-based revenue since mid-2018. "We are well positioned to respond to capital management strategies as they arise," Benbow said.

Latest adviser exam results in

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
... advisers that sat the February exam were successful. Releasing the results today, the body said 2231 advisers sat the exam in mid-February and 82% passed. More than 30% of the advisers listed on ASIC's Financial Adviser Register have now sat the ...

Melbourne fund tightens redemptions amid COVID-19

KANIKA SOOD  |  FRIDAY, 3 APR 2020
A Melbourne boutique has moved its real estate and infrastructure fund from daily redemptions to monthly, citing COVID-19 volatility and drawdown. Newgate Capital Partners wrote to investors on Wednesday, informing them of the changes in the Newgate ...

Fixed income liquidity squeeze bites

KANIKA SOOD  |  THURSDAY, 2 APR 2020
Financial advisers and investors in fixed income funds are feeling the heat as markets trade less frequently in the ongoing COVID-19 correction, and they are slugged with exit costs. Unlisted managed fixed income funds from giants like Vanguard and ...

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
... asset allocation during the market volatility. The applications for early release for superannuation don't start until mid-April, meaning that superannuation funds' modelling of its expected impact will likely be at best, an educated guess. The ...

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... has established a team to develop its approach to early release payments. "Our goal is to be ready to make these payments by mid-April, when the ATO starts approving requests," Bloch said. "We are working with the ATO and our trustees to ensure we can ...

CareSuper leads super satisfaction

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
... returns they were delivering clients, but also by significant increases in customer satisfaction ratings," Levine said. "In mid-February, the ASX 200 reached its highest ever level, taking the superannuation accounts of many Australians along for the ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... percentage increase since 1931. As well as the Dow, the S&P 500 index logged a third straight day of gains for the first time since mid-February, before coronavirus fears stopped Wall Street's 11-year bull market. Since the start of the week the ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... situation; USD has been rising through the deterioration in Fed policy bets since late 2018 and ultimately renewed rate cuts from mid-2019." Henry Jennings, senior market analyst at Marcus Today, said the biggest difference between the GFC and today ...