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Showing 1351 - 1360 of 1758 results for "Covid"

Advisers involved in ERS scams: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... Eccleston has written an article pointing to financial advisers as part of the problem in scams targeting people's super amid COVID-19. Eccleston said: "ASIC is concerned that some advisers may use the current uncertainty from COVID-19 as part of their ...

COVID-19 recovery plans must heed climate science

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... network of companies, including ASX-listed Australian Ethical, is urging governments to pay heed to climate science in their COVID-19 recovery plans. UN Global Compact includes 155 companies that employ over five million people and have a combined market ...

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... reschedule to September or October, citing limitation of cross-examination during forced video proceedings as a result of COVID-19 and then mental health conditions of one of the defendants. However, a New South Wales Supreme Court judge dismissed the ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... Significant Event Notice, QSuper updated members on insurance changes intended to improve cover for pandemic illnesses amid COVID-19. The changes mean from 11 March 2020 QSuper's pandemic illness exclusion will no longer apply to members with default ...

Saxo Markets launches investment loyalty scheme

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... that offers them long-term value." The program will allow Saxo Markets investors to access opportunities abroad, he said. "COVID-19 has introduced significant volatility into global markets, and as a result Saxo has seen an increased demand from clients ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
Government stimulus packages and lender deferrals may have softened the economic blow of the COVID-19 pandemic but with end dates in sight, UBS has warned of an impending fiscal cliff. With JobKeeper and Jobseeker packages as well as debt deferrals ...

Australian ETF market shows strength

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2020
The Australian ETF market grew 24% to $56.9 billion, despite the COVID-19 share market correction, according to the 2020 ETF Report by Stockspot. The report found the ETF market size has tripled since 2016 and has become the preferred way to access ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
New research predicts industry funds are no longer set to dominate the superannuation industry, as COVID-19 changes the race to the top. KPMG's latest Super Insights report shows industry super funds are no longer on track to takeover SMSFs as the biggest ...

Westpac announces executive changes

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... and will allow the bank's chief risk officer, David Stephen, to focus on financial risk management in the face of the COVID-19 pandemic. It comes as Westpac filed its defence in the Federal Court in relation to ongoing AUSTRAC proceedings. King said ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... sounded the alarm on risk assets, warning the rally seen in April has so far ignored the threat of economic tailwinds from the COVID-19 pandemic. Janus Henderson's Ashwin Alankar warned investors that the pronounced rise of the S&P 500 since its March ...