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Showing 1501 - 1510 of 1758 results for "Covid"

Has COVID-19 solved the advice problem?

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
With robo-advice yet to take off in Australia, and the cost of advice still too high for most people, has COVID-19 delivered the solution to the sector's problems on a silver platter? Shadforth's Terry Dillion certainly thinks so. Speaking to Financial ...

Please be aware of the nearest exit

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
As the conversation changes towards what the future will look like beyond COVID-19, the major topic at the forefront is what exit strategy lays ahead. Whether government, business or individual, the economic ramifications from the measures taken to ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
When the COVID-19 crash hit markets, super funds copped a massive blow, but why they were all invested in such a similar way is an issue that still needs addressing. The superannuation industry had been under increasing pressure to perform, at the very ...

Few redundancies but pay cuts abound: Recruiter

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... services recruiter Profusion Group show that while the industry has mercifully avoided mass redundancies as a result of COVID-19, many have seen their pay reduced. The magic number seems to be 20%, Profusion Group director Christopher Gordon said, with ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... opinions of industry superannuation funds are starting to turn, after weeks of scrutiny over their performance during the COVID-19 crisis. According to Roy Morgan's latest superannuation customer satisfaction findings, member satisfaction with industry ...

Boutique launches new Aussie equities fund

KANIKA SOOD  |  THURSDAY, 23 APR 2020
COVID-19 shut downs and volatility are not holding back a Sydney-based boutique's plans to launch a new fund. Contact Asset Management tested its new small/mid cap fund via a paper portfolio for 18 months, before hitting launch in mid-March. The ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... ASIC FAR will get as low as 15,000 registered financial advisers as people are pushed out of the industry by red tape, with COVID-19 only adding to the burden. "We will have 15,000 financial advisers looking after 25 million people," he said. COVID-19 ...

Multi-asset strategies key in COVID-19 crisis: First Sentier

ALLY SELBY  |  THURSDAY, 23 APR 2020
... The ability to adjust to rapidly changing economic data is a key advantage of flexible multi-asset strategies during the COVID-19 crisis. In an investor update, First Sentier Investors co-head of multi-asset solution, Kej Somaia said that although market ...

SMSFs granted annual return extension

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... lodgement of annual returns to the ATO to June. The ATO said it made the decision in the wake of the financial effects of the COVID-19 outbreak. "The requirement for an SMSF to appoint an auditor 45 days before lodgement of their annual return will place ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
The market damage of COVID-19 saw AMP's wealth management arm shed more than $18 billion during the first quarter. COVID-19 has left AMP around $18 billion shorter than it was at the beginning of the year, with the economic impact of the pandemic hitting ...