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Showing 1651 - 1660 of 5161 results for "Rest"

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
FASEA chief executive Stephen Glenfield has said it is outside the authority's remit to look into why financial advisers are exiting the industry in droves. Rainmaker analysis of the ASIC Financial Adviser Register indicates that the register has ...

ERS withdrawals surpass $10bn

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
... to more than 180,000 members. Hostplus and Sunsuper have also surpassed the billion-dollar mark. In an update on May 21, Rest confirmed it too had paid out more than $1 billion.

Blame put on businesses for JobKeeper error

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
Treasury and the Australian Taxation Office have issued a joint statement in relation to the reporting error in the estimates of the number of employees likely to access the JobKeeper program. The enrolment forms completed by over 910,000 businesses ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
The COVID-19 pandemic was both a curse and a blessing (for lack of a better word) for China's Politburo. Social restrictions and lockdowns imposed by the powers-that-be to contain the virus sent the economy plunging 6.8% in the year to the March ...

IFM Investors ready to ramp up corporate lending

KANIKA SOOD  |  FRIDAY, 22 MAY 2020
... the COVID-19 crisis. IFM's credit team manages about $7.5 billion, of which roughly $4 billion is in direct lending and the rest across warehouse facilities for non-bank lenders making consumer loans and fixed income. Hiran Wanigasekera, an executive ...

Small caps soar amid accelerated revolution

ALLY SELBY  |  THURSDAY, 21 MAY 2020
Although the last two months have been marked by increased volatility and disruption, small caps have largely outperformed. During March, small caps performed broadly in line with their larger counterparts, with the ASX Small Ordinaries Index dropping ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Super Consumers Australia has called on Australia's life insurance industry to eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if ...

Rich Dad feels for financial advisers

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... aiming to prop up economies around the world will have unforeseen consequences and may have many reliant on welfare for the rest of their lives. Dent refers to the money handed to individuals and businesses around the world as creating a "coma economy". ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
With investors caught in a nasty tug of war between the dire economic reality and the hope of a virus cure, industry leaders have warned of the potential for further downside. And with macro threats looming, markets, already fragile from a period of ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... comes in at 15th spot as it can cover just eight years' worth. The report says that if the downturn lasts throughout the rest of the year, the state of New Jersey won't have the liquidity to pay pensions in full or, possibly, at all. According ...