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Showing 1501 - 1510 of 4513 results for "Saving"

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 ...

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 ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... retail, travel and hospitality. Many small businesses as well will likely crumble over the coming months, and consumer saving patterns will likely be altered irreversibly, he said. "Individuals fortunate enough to remain employed, may seek to boost their ...

Challenger launches new retirement tool

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
Challenger has launched a new tool to help retirees and pre-retirees better understand the financial realities of retirement. The annuity provider has today launched Retire with Confidence, a tool designed to help retirees understand how long their ...

Technical Services Forum: Testing risk tolerance

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
In uncertain times clients may not be as risk tolerant as previously thought, the virtual Challenger Financial Standard Technical Services Forum has heard. Digitally presenting, Challenger's head of technical services Andrew Lowe said many financial ...

Road to recovery

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
While it is clear it will take some time for the world to return to what it once was, the focus is now on recovery and what the post-pandemic world will look like. Kyle Loades, chair of the Australian Transformation and Turnaround Association (AusTTA) ...

Adviser guilty of misuse of client money

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
Former financial adviser Anthony Dick pleaded guilty to 11 counts of dishonestly using his clients' money for his own personal use. Dick was charged in February this year after an ASIC investigation revealed he had accessed and transferred around ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
Treasurer Josh Frydenberg outlined a bleak future for the Australian economy in a speech to parliament, forecasting GDP to fall over 10% in the June quarter. The figure would be the largest contraction in GDP in Australia's history. "At $50 billion ...

ASIC bans RC case study adviser

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
A former Millennium3 adviser whose advice was cited as a case study during the Royal Commission is set to appeal a 10-year ban handed down by ASIC. ASIC has banned Adelaide-based adviser Christopher Norman Harris from providing financial services for ...

Death of dividends greatly exaggerated: Epoch

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
In the midst of Australian companies cutting dividends due to the effects of COVID-19, Epoch Investment Partners says investors can still generate dividend income from offshore. Damien McIntyre, chief executive of GSFM, the distributor of Epoch's ...