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Showing 1661 - 1670 of 5916 results for "March 2003"

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
In rough times it can seem beneficial to look back at past experiences and think 'If I got through that, I can get through this', but if you ask the fund managers and traders of the world, the consensus is this time does not compare to 1987 ...

No new ASX 200 names this quarter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
For the first time since 2001, S&P has delayed its quarterly rebalance of the ASX 200 amid volatility, in what industry watchers say could help ETF investors save costs, but raises questions about the passive versus active nature of indices. S&P Dow ...

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 ...

Sargon trustee businesses sale expected soon

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
It's only a few days until the new ownership of Sargon's regulatory operating businesses is finalised, OneVue told its investors in ASX filings yesterday. The platform business said the sale is expected to complete by March 31 or soon after, subject ...

Super fund merger delayed

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
Two industry super funds have pushed back the date for their merger due to the COVID-19 global crisis. Tasplan and MTAA Super were initially scheduled to merge on 1 October 2020, but have now extended the timeline to finalise the deal until 31 March  ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... given the deterioration in US economic activity. IHS/Markit's flash US composite PMI dropped to a fresh low of 40.5 in March (from 49.6 in the previous month) as manufacturing declined to its lowest reading (49.2) in more than a decade and services ...

COVID-19 shaves $290bn off super

KANIKA SOOD  |  WEDNESDAY, 25 MAR 2020
COVID-19 and the accompanying market correction has temporarily wiped out nearly $290 billion from Australia's superannuation system since the ASX's February 20 peak, according to new analysis from Rainmaker Research. Many superannuation funds lost ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
The industry superannuation funds for those who work in clubs, hospitality and retail are facing a tough year and have moved to reassure impacted members. With close to or more than half of their members sitting in the millennial age range, the likes ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... and medical supplies (like ventilators) become scarce. The Bank of England has cut interest rates by a total of 65 bps in March - 50bps on March 11 and 15 bps on the 19th and increased its bond purchases by £200 billion to £645 billion - while the ...