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Showing 1661 - 1670 of 1758 results for "Covid"

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... chance to wait for a market rebound, and thus securing any losses they've suffered in the market rout. "Given these risks, as COVID-19 continues to progress through our population and economy, superannuation funds are needed now more than ever," Rice ...

Former Link Fund Solutions operations lead in new role

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... Services Australia and New Zealand. Calastone chief executive Julien Hammerson recently provided a business update in light of COVID-19, saying that the company had moved to remote working from March 16. "In a further effort to support the international ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... Many banks are waiving penalties related to breaking a term deposit as well, she said, for those who are affected by the COVID-19 crisis. Judo Bank topped RateCity.com.au's one-year, two-year and three-year term deposit rates, with rates of 2.05% ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
The current market corrections caused by the COVID-19 pandemic and subsequent shutdowns have sparked warnings from some not to forget the lessons of 2008 - especially, don't underestimate mortgage defaults. Thomas J. Barrack, a US private equity ...

SMSFs in flashback to 2008

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... be feeling some deja-vu, as the same measures that were used in 2008 have been brought in to guide the sector through the COVID-19 pandemic. Terry Pinnell, chair of the Ethical Advisers' Co-op, wrote to Treasurer Josh Frydenberg last week to ask ...

Trust in advisers lifts as pandemic fear ensues

ALLY SELBY  |  FRIDAY, 27 MAR 2020
Advisers are the most trusted source of information surrounding the impacts of COVID-19, above government sources and the media, according to research coming out of MLC Wealth. It's a key finding of a survey of over 1600 MLC clients and members ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... Global Financial Crisis, what is so different about this situation that has investors so spooked? The main consensus; the COVID-19 outbreak is not something that anyone could have anticipated. Speaking to Financial Standard Jason Teh, chief investment ...

Good time to be in managed accounts: IMAP

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
The COVID-19 crash has had an effect on all investment advice, but for financial advisers using managed accounts the blow has been slightly eased, according to IMAP chair Toby Potter. Potter told Financial Standard that while it is likely managed account ...

Super scammers pose as authorities

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... have increased since the government announced Australians suffering financial stress as a result of the economic impacts of COVID-19 could access up to $10,000 of their superannuation balance this year, and a further $10,000 in the next financial year. ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
The numbers are in, and the US Economic Policy Institute's (EPI) estimate of unemployment claims, if not right on the dot, was way inside the ballpark. EPI estimated 3.4 million workers filed for unemployment in the week ended March 21, that it ...