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Showing 1611 - 1620 of 6214 results for "SIX"

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
Bad timing it may be but, it is what it is. The coronavirus pandemic struck just when the dark clouds of Brexit uncertainty lifted over the United Kingdom. For the best part of three years, Brexit was on every Brits mind - dampening business investment ...

Has COVID-19 solved the advice problem?

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... technology to beam financial advice directly into the lounge rooms and kitchens of Australians would have left him doubtful six weeks ago. But after five weeks, the Shadforth boss said the business has proved that advice can be improved by leaning heavily ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... particular is about how many Australians will take up the federal government's $20,000 super fund withdrawal option over the next six months," Levine said. "Industry funds based on employees in hospitality and retail industries are particularly exposed ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... entries to the ASIC FAR in the same period. The shuttering Financial Wisdom lost 83 advisers in the time period, with just six left holding on. Suncorp Financial Services went from 20 advisers to three. AMP lost 37 advisers. Ausure went from 47 advisers ...

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

ALLY SELBY  |  THURSDAY, 23 APR 2020
... their speed and magnitude and depth, and we've had to speed up our own process." Instead of reviewing economic conditions on a six-month basis, the firm has moved to review them daily. As investors rush to generate liquidity, traditionally reliable relationships ...

SMSF auditors come under fire

ALLY SELBY  |  THURSDAY, 23 APR 2020
The corporate watchdog has disqualified, suspended and added additional conditions to six different self-managed super fund auditors as it works to ensure the industry meets competency and expertise standards. Auditors from around the country suffered ...

Millions jobless within weeks: Grattan

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... pointed to the government's social distancing edict as the main reason for the hit, and with Grattan also of the belief that the six-month JobKeeper package will obscure much of the rise in unemployment to come over the next few months. Nevertheless ...

NAB remediation bill grows

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... NAB says it expects the additional costs to reduce the group's Common Equity Tier 1 capital (CET1) ratio by approximately six basis points. Of the $188 million, $184 million relates to additional provisions required for existing remediation matters. ...

Advisers adapt as crisis unfolds

ALLY SELBY  |  MONDAY, 20 APR 2020
... executive team will take a 20% reduction in pay. The firm's non-executive staff have also been invited to salary sacrifice six weeks leave over the coming six months.

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
... they're doing." The Prime Minister was referring to the banks' decision to defer loan repayments for SMEs and landlords for six-months to help them deal with the crisis. The suggestion that super funds invest in failing businesses comes at a ...