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Showing 2091 - 2100 of 6264 results for "DET"

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
Wall Street and most other equity markets welcomed reports that the White House and the US Senate have finally reached a deal to unleash a stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B ...

Why remediation jobs aren't short-term

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
The woman who ran BT Financial Group's advice remediation program has revealed what financial advisers need to know about remediation, and why some of the banks may make their remediation teams permanent. Melissa Bogg was program director and head ...

Bond fund spreads widen

KANIKA SOOD  |  MONDAY, 23 MAR 2020
Investors looking to redeem their fixed interest allocations face deep buy/sell spreads, as poor liquidity forces funds to push them up significantly during COVID-19 volatility. Franklin Templeton, PIMCO, Ardea and Kapstream are some of the managers ...

SMSFs expected to outperform: Research

ELIZA BAVIN  |  MONDAY, 23 MAR 2020
SMSFs are expected to outperform in the current climate, due to higher than average exposures to cash and other low volatility assets, according to Rainmaker research. Around a quarter of the SMSF sector is held in cash and about 45% is held in shares ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
The superannuation sector has been called on to act as a key pillar in Australia's response to the COVID-19 pandemic, with the early release of super a central tenet of the government's new policy initiatives. The government's latest suite ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
A $16.5 billion industry superannuation fund is set to take over Perpetual's MySuper offering in a successor fund transfer. On or around May 1 members of Perpetual MySuper will transfer to CareSuper. According to Rainmaker data, the transfer will ...

CFA postpones exams

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
The CFA Institute has postponed the June 2020 CFA exam, saying the decision was reached for the safety of the global community. CFA said the health and safety of employees, stakeholders and affiliates around the world is its top priority, as COVID-19 ...

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
UBS is sweeping clean its suite of ASX-listed ETFs, shutting down six funds and delisting three as asset growth stalls. UBS currently has nine ETFs with $300 million in funds under management at February end. On Friday, it informed investors of its ...

NYSE closes trading floor

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
The New York Stock Exchange (NYSE) has made all trading electronic, temporarily closing its symbolic trading floor. NYSE president Stacey Cunningham announced the move after two people tested positive for COVID-19, but said the closure will only be ...

FASEA exam to go online

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
The Financial Adviser Standards and Ethics Authority has cancelled the scheduled April adviser exam, with advisers set to take it online as the COVID-19 pandemic rolls on. FASEA has been forced to cancel its April face-to-face exams. Recognising the ...