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Showing 2681 - 2690 of 10361 results for "Close"

CHESS replacement delayed

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
... feedback of all stakeholders. "Our priority is to ensure the orderly and safe completion of this project with the continued close oversight of our regulators. We thank everyone for their ongoing support during this replanning process," he said. "ASX ...

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
... 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 of Hostplus, Club Plus and Rest are likely ...

IMAP not anticipating regulatory overhaul

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
The chair of IMAP does not expect a major overhaul of the managed accounts space when ASIC's focus returns to the MDA review. Earlier this week, ASIC announced the MDA review is being put on hold, after "recalibrating" its regulatory priorities as it ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
Although the outlook for 2020 looks bleak, recovery is on the cards for 2021, according to IMF managing director Kristalina Georgieva. Following a conference call of G20 finance ministers and Central Bank governors Georgieva said that while the human ...

Industry fund boss exits

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... unlisted infrastructure option had $3 million in funds under management, according to Rainmaker data. It will officially close on March 31.

Early release better than SG freeze

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... $25,000 in superannuation balances. If they avail the $10,000 early release twice by the end of the year, they might slip close to their life insurance opt-in threshold. Grattan Institute household finances program director Brendan Coates said while ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
APRA's June update to the MySuper heat map is in question, as the prudential regulator suspends the majority of its supervisory and policy initiatives to zero in on the health of its regulated entities amid COVID-19. The prudential regulator has ...

US senators in alleged COVID-19 insider trading

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2020
... intelligence committee - is facing calls to resign over similar conduct just before the market drop. He and his wife offloaded close to $3.5 million throughout late January and early February, several of which were in companies that own hotels, The Guardian ...

AFSL suspended by ASIC

ALLY SELBY  |  MONDAY, 23 MAR 2020
A Queensland-based financial services provider has had its AFS licence suspended, impacting close to 20 financial advisers. ASIC has suspended the AFS licence of Longhou Capital Markets for three months, expiring June 12 this year. It follows the appointment ...