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Showing 1541 - 1550 of 5914 results for "March 2014"

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
New data from Colonial First State (CFS) found switches by super members were three times the usual rate in March as Australians moved their super to cash in the midst of the COVID-19 pandemic. The data found 39% of those that switched their super moved ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
"A stronger economic recovery is possible if there is further substantial progress in containing the coronavirus in the near term and there is a faster return to normal economic activity. On the other hand, if the lifting of restrictions is delayed ...

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
While the fallout from the COVID-19 pandemic has demolished the return expectations of investors for the year, new analysis shows MySuper products have managed to turn things around. Latest Rainmaker research shows MySuper products offered by not-for-profit ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
A retail superannuation fund has postponed its MySuper transition to a $16.5 billion industry fund citing market uncertainty and volatility arising from COVID-19. Perpetual's MySuper product was to transition to CareSuper effective around May 1 ...

Former AFSL director banned

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
ASIC has cancelled the AFSL of Olive Financial Markets following concerns that it had not complied with its obligations as an AFS licensee and that it was likely to contravene its obligations in the future. Olive Financial applied to the Australian ...

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
Recent indications - slowing rate of infections and deaths -- that the Eurozone has passed the peak of its coronavirus pandemic - has member nations either planning to or have already gently eased lockdown and social distancing restrictions, among them ...

Unemployment already over 15%: Roy Morgan

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... estimate for March 2020 of 5.2%," it said. "The ABS figure for March was based on interviews conducted in reference to early March (pre shut-downs) and did not include data related to the situation in late March (post shut-downs)." About 68% of the people ...

Pendal appoints new head of HNW distribution

KANIKA SOOD  |  MONDAY, 4 MAY 2020
A Sydney equities' boutique's chief executive has jumped to Pendal Group to work as its head of high net worth distribution. Lee Hopperton was most recently the chief executive and distribution head of value manager Auscap Asset Management in ...

TCorp funding hits $10bn since late March

ALLY SELBY  |  MONDAY, 4 MAY 2020
The $100 billion investment and financial management partner of the New South Wales public sector has issued two new transactions, taking its total funding since late March to $10 billion. TCorp issued a new 2041 bond last week at $450 million and also ...

Charter Hall kicks off $115m raise

ALLY SELBY  |  MONDAY, 4 MAY 2020
Australia's largest ASX-listed real estate investment trust has kicked off a $115 million equity raising to weather the impacts of the COVID-19 pandemic. Charter Hall Social Infrastructure (ASX: CQE) will undertake a fully underwritten institutional ...