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Showing 2531 - 2540 of 6136 results for "Australians"

Early release of super numbers revealed

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
Australians have withdrawn $1.3 billion of superannuation in just the first week of new early release rules to help those suffering financial hardship as a result of COVID-19. Funds have paid a total of 162,879 early release applications so far out ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... decision and ensure they met the eligibility criteria. "This is a great initiative by the government, which is supporting Australians doing it tough, but it will impact retirement balances," Perri said. "We're therefore encouraging people to make sure ...

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
In one of the most tragic of COVID-19 consequences, the pandemic is driving Australians to ask their life insurers whether their policies cover them for suicide, the House of Representatives Standing Committee on Economic has heard. Appearing before ...

Super CIOs defend illiquid assets

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
At a virtual round table hosted by QIC the chief investment officers of AustralianSuper, LGIAsuper and more defended allocations to illiquid assets. Following weeks of scrutiny over potential liquidity issues facing super funds, the chief investments ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
COVID-19 will be the shove that forces some superannuation funds to merge, while others thought safe prior to the pandemic will also be left pondering consolidation. According to QMV practice lead Anthony Forbes, there are certain funds that are going ...

Is it really as bad as it seems?

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... more esoteric strategies that profit from increased volatility can be beneficial." Google search trends reveal that Australians have googled the term "recession" more now than during the GFC but are also searching "buy shares" at a significantly higher ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... advocacy bodies, those that actually provide financial advice fear new temporary relief measures offered by ASIC may push Australians towards conflicted advice. On April 14 ASIC announced a raft of measures aimed at assisting the industry with providing ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
Rainmaker's latest MySuper benchmarking report has seen industry funds on top for market share and performance as at December end. For MySuper products with a single investment strategy (as opposed to lifecycle products) AustralianSuper was on top. ...

Top adviser queries revealed

ALLY SELBY  |  THURSDAY, 30 APR 2020
... benefit their clients to help them make important financial decisions during these difficult time," he said. "For many Australians this is the first time they may have interacted with the social security system or been able to withdraw money from superannuation." ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... will permanently alter our standard of living and possibly our path to future growth, Morley and Holden argued, as Australians become more frugal with their spending. While the government's JobKeeper packages will mitigate the severity of the recession ...