Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1721 - 1730 of 5161 results for "Rest"

Australia versus the world

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... doesn't make the IMF forecasts at all pessimistic." Miller said the reason the downturn may hit Australia harder than the rest of the world is because it has a relatively open economy, which is more leveraged than most to global trading conditions. Another ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... not immune from these global shocks; our only saving grace might be China as they are getting back to work sooner than the rest of the world - just look at iron ore price and Fortescue Metals Group - they have held up well," he said. He also suggests ...

IOOF trims operations

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
Plans to simplify IOOF are continuing, with the wealth manager taking an axe to its New Zealand business. IOOF has sold the client rights to the IOOF Integral Master Trust it operates in New Zealand, the centrepiece of the firm's operations in the ...

ERS can be drawn from multiple funds: ATO

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
The Australian Taxation Office has clarified the rules for the Early Release Super scheme, allowing members to withdraw super from multiple funds. The ATO said while a member can only apply for one determination per financial year, they are able to ...

COVID-19 is not the only factor: deVere

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
To protect and grow wealth investors need to carefully monitor other major factors, not just COVID-19, according to deVere Group chief executive Nigel Green. The warning follows last week's sharp rally in global markets, with the MSCI experiencing its ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
ASIC has announced three temporary measures to assist the industry with providing affordable and timely advice during the COVID-19 crisis. It has also confirmed it is delaying its work on grandfathered conflicted remuneration and life insurance advice. ...

Superannuation fund cuts pay in C-suite

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... savings," LGIAsuper chief executive Kate Farrar said. "We know our fund will be impacted by COVID-19, but our members can rest assured that we are determined to keep investing in services for members even through the fallout from this pandemic." LGIA's ...

AMP Capital wholesale property fund rejigs withdrawals

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... spreads (it's not allowed by the constitution), and is committing to a distribution of 1.81 cents per unit in the fund for rest of 2020 which equates to 5.7% distribution yield based on March end unit price, which it says reflects its best estimate ...

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
Tributes are flowing for former Westpac chair and Treasury secretary Ted Evans, who passed away over the weekend. Evans, who had been battling cancer, joined the Australian Treasury in 1968 and devoted 43 years of his working life to public service ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... balanced option has a 0% allocation to cash and fixed income, Geffin said, and 25% defensive disclosed. He also pointed to Rest's core option with 13% in cash and bonds and 35.50% defensive disclosed. According to Geffin, it's these kind of allocations ...