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Showing 1411 - 1420 of 1758 results for "Covid"

Darwinian time for super

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
With COVID-19 rapidly shifting the ground beneath them, only the fittest superannuation funds will survive, according to Hostplus' Paul Watson. Appearing as part of a virtual panel discussing mergers in super, Hostplus group executive member experience ...

Volatility continues to drive investors

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
Investors continue to be driven by the market volatility caused by COVID-19, with the ASX recording ever-increasing trading volumes. Average daily trades on the Australian Securities Exchange continue to rise, as investors deal with the ongoing fallout ...

A challenge in a Class of its own

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... unique predicament recently after acquiring a business in another state only for the borders to be closed as a result of the COVID-19 pandemic. Class, which is based in Sydney, purchased NowInfinity, based in Queensland, at the start of February for ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... such when making asset allocation decisions, she said. But who could have planned for a global pandemic? "The unexpected COVID-19 crisis plus the government's announcement of ERS have severely affected this liquidity planning process and caused many ...

Early release applications top $9bn

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... release, Australia's largest superannuation fund has paid out over $1 billion, with funds for the industries hardest hit by COVID-19 not far behind. Australia's largest fund, the $185 billion AustralianSuper, has already paid out over $1 billion ...

AFP investigates ERS scams

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... not need to provide proof of eligibility when submitting the application. ATO commissioner Chris Jordan confirmed to the COVID-19 Select Committee that fraudulent activity had been identified and "immediately acted upon". "It is now an operational matter ...

Emerging markets weather varied COVID-19 storms

ALLY SELBY  |  THURSDAY, 7 MAY 2020
Although the COVID-19 pandemic has not discriminated in its destruction of both developed and emerging economies, Janus Henderson has warned investors to prepare for a dispersion of outcomes in the post-pandemic world. The more advanced emerging economies ...

ASX appoints compliance chief

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... recently, Lewis initiated and implemented the ASX's emergency capital raising relief to support listed companies during the COVID-19 crisis, Johnstone added. Lewis will take up a newly created position as ASX special counsel of regulatory policy, where ...

Frydenberg amends Corporations Act

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... head into the May meeting season, as they struggle to juggle requirements laid out in the Corporations Act with those of COVID-19-related restrictions. The Governance Institute chief executive Megan Motto welcomed the changes, but argued they were overdue. ...

Software provider launches ERS tech solution

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... reduction in the minimum drawdowns from pensions as well as early access to retirement savings by those financially impacted by COVID-19. Bravura head of operations Jon Alder said the superannuation industry was in uncharted territory as it tries to ...