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Showing 1331 - 1340 of 4160 results for "April"

ESG-themed funds fall short of expectations

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
... underlying managers must abide." AMP Capital Ethical Leaders reduced its threshold for fossil fuel investments from 20% to 10% in April 2019 but Morningstar noted that AMP Capital was considering further limiting that exposure. An AMP Capital spokesperson ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
Early release of super was the topic most frequently asked about by advisers during March and April, according to new figures from AMP's technical adviser support team. The next most asked about issue was minimum pension drawdowns as the government ...

Colonial First State closes global fund

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... effective March 23. Options in its FirstChoice Wholesale Personal Super and FirstChoice Wholesale Pension were also closed on April 28.. The Acadian Diversified Alpha fund was a global, absolute return, long/short equity strategy. According to the manager's ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... than 30 million Americans - around 18% of working population - applied for unemployment benefits in the six weeks to 25 April, making the 7.5% drop in personal spending in March (released on the same day) - the sharpest fall on record - seems like a ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... provide financial advice fear new temporary relief measures offered by ASIC may push Australians towards conflicted advice. On April 14 ASIC announced a raft of measures aimed at assisting the industry with providing affordable and timely advice during ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... Access Economics Partners partner Chris Richardson estimates Australia will lose $60 billion in income and profits from April to July as COVID shutdowns affect many professions. "And that's even after allowing for the extraordinary support to families ...

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... along with an outline of its enforcement strategy for 2020. However, ASIC recalibrated its regulatory priorities in mid-April to focus on challenges created by the COVID-19 crisis and any highly significant or urgent matters. ASIC deputy chair Daniel ...

Top adviser queries revealed

ALLY SELBY  |  THURSDAY, 30 APR 2020
... technical services manager Craig Day said the technical support team had received a deluge of enquiries during March and April, as advisers move to better understand the government's latest regulatory changes and measures. "The focus from advisers ...

Aussie equities winners, losers revealed

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... S&P/ASX 200 Index reached an all-time (intra-day) high of 7,199," Morningstar said. "But just six weeks later, in early April the market was down around 30% as significant concerns regarding the pandemic and economic issues relating to the virus affected ...

Aussie funds bleed $4bn in March

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
Investors redeemed over $3.8 billion from local managed funds in April, in the largest monthly net outflows on record, according to Calastone. So far, November 2018 has been the only month with material net outflows in Australia as investors responded ...