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Showing 1651 - 1660 of 1758 results for "Covid"

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
The government's plan to allow early access to super for those who have lost jobs and livelihoods as a result of COVID-19 is an enormous hurdle with a strict deadline - one that administrators admit they might struggle to meet. While early access ...

CareSuper leads super satisfaction

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
... super fund members may not be beaten for some time, given many funds will have taken performance hits as a result of the COVID-19 pandemic. "As we can see from the year-on-year satisfaction data, 2019 was a fruitful year for super funds, not only in ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... evidence previously provided to the committee. Many super funds have spoken of liquidity issues since the outbreak of the COVID-19 crisis due to the market crash and the government's stimulus package allowing struggling members to gain early access ...

Your super is safe with us: Silk

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... this situation." Silk said AustralianSuper has established a team of leaders which meets daily to review and respond to the COVID-19 situation. "You can take comfort in knowing these people are highly experienced specialists and they're focussed on you ...

TAL hits back at rumour mill

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... TAL has issued a stern response following recent media speculation that the insurer was ceasing cover to those affected by COVID-19. Over a week ago Financial Standard reported that TAL, along with MLC, had updated some policies for new customers in ...

Diversification pays off for some, but not all: bfinance

ALLY SELBY  |  MONDAY, 30 MAR 2020
Diversification has emerged as many investors' saving grace during the COVID-19 sell-off, however more than a third are disappointed with their performance during the downturn. That's according to research coming out of global investment consultant ...

Banks throw more businesses a lifeline

ALLY SELBY  |  MONDAY, 30 MAR 2020
Australia's banks will extend the six-month deferral of loans to 30,000 more businesses, in a bid to assist commercial landlords struggling to do the right thing by their tenants during the crisis. The Australian Banking Association's (ABA) small business ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
Daily reports of the rising number infections and fatalities from COVID-19 are matched only by tightening restrictions on social interaction and the ever-increasing amount of money released from government and central bank coffers. How wide and far-ranging ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
This week the world gained some clarity as to the true scale of the impact COVID-19 is likely to have which, in turn, made clearer the challenges the financial services industry will face in combating the pandemic's effects. However, greater uncertainty ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... Representatives, according to Morningstar. The stimulus package reportedly includes US$500 billion to fund industries impacted by COVID-19, US$350 billion in small business loans, US$250 billion in aid for those out of work, US$75 billion for hospitals ...