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Showing 1341 - 1350 of 1758 results for "Covid"

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... ensuring TPD cover wouldn't be impacted if people lost their jobs or were stood down or working less hours as a result of COVID-19. The initiative, announced on Tuesday, will see insurers assess TPD claims resulting from an illness or injury occurring ...

Boom time for exchanges

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
Stock exchanges around the world are reporting an uptick in their profits, as COVID-19 volatility pushes up their revenues from higher transactions. The New York Stock Exchange, NASDAQ, Tokyo and Japan exchanges have all reported a surge in their revenues ...

From fines to prosecution: The penalties are in

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... doing everything it can, along with the government, to support those who are going through a hard time as a result of the COVID-19 pandemic. "People should be assured that across all of the stimulus measures, where they are trying to do the right thing ...

Active versus passive: The debate continues

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... Partners chief investment officer Rajiv Jain believes active managers are becoming somewhat of an endangered species in the COVID-19 landscape. "They seem to be disappearing pretty quickly, but there is no reason an active manager shouldn't be able ...

Rich Dad feels for financial advisers

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... ubiquitous personal finance self-help book Rich Dad Poor Dad Robert Kiyosaki says he feels for financial advisers amid the COVID-19 pandemic - though he won't be taking their advice. "They have a tough job, a very tough job," Kiyosaki said. Kiyosaki's ...

916 advisers gone in three months, ASIC responds

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... chair James Shipton insists the regulator is concerned by the number of financial advisers leaving the industry and how COVID-19 could amplify the issue, as it is revealed almost 1000 left since the pandemic hit. The ASIC Financial Adviser Register has ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... Similarly, JP Morgan global market strategist Kerry Craig believes valuations are looking elevated, even compared to before the COVID-19 crisis. "I think there's a lot of downside risk in the economic outlook and shocks that could come and so we're ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... US public pension funds by their ability to pay future benefits suggests several will likely go insolvent as a result of COVID-19. The issues facing public pension funds in the US are widely known, and while it's not clear how exposed to the recent ...

Financial stress increases despite relaxed conditions

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... decreased over the last month, having peaked at 30.9 on April 21. The proportion of Australians who feel the effects of COVID-19 will impact Australia's economic activity for the long-term continues to remain high, with 53% of respondents anticipating ...

Former CBA executive nabs industry body lead role

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... and executive director, set to assist the general insurance industry as its readies itself to face the challenges of the COVID-19 recovery. Hall's illustrious career spans seven years with CBA as its executive general manager of corporate affairs ...