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Showing 2961 - 2970 of 10705 results for "May 2012"

IFM Investors ready to ramp up corporate lending

KANIKA SOOD  |  FRIDAY, 22 MAY 2020
The industry-super-owned fund manager's credit team has about $500 million to deploy in the year ahead, eyeing opportunities in lending to mid-sized companies that will be forced to refinance after the COVID-19 crisis. IFM's credit team manages about ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
The government's move to extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty. Following Treasury consultation, the government made the decision ...

Switching prompts fund to alter allocations

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Qantas Super has altered asset allocations across all its investment options in response to COVID-19, market volatility and a high number of members switching options. The $8.5 billion corporate superannuation fund said that the changes would improve ...

New ETFs see success as UBS suspends funds

ALLY SELBY  |  FRIDAY, 22 MAY 2020
New research from ETF Securities has revealed that three new exchange traded funds (ETFs) saw tens of millions in inflows during the second quarter, while six UBS products exited the market. The products included ETF Securities' ETFS FANG+ ETF on March ...

Count Financial makes growth-focused hire

ALLY SELBY  |  FRIDAY, 22 MAY 2020
Count Financial has hired an experienced practice development manager, whose resume features the likes of Affinia, Commonwealth Bank and AMP, to ramp up its growth strategy. Chris Burton has been appointed as Count's practice development manager, and ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
"You don't mess with the Zohan." Or in Australia's case, don't mess with the Politburo. It's only been weeks since Australia called for an inquiry into COVID-19, offending China and sending it into retaliation mode - Beijing banned beef ...

Small caps soar amid accelerated revolution

ALLY SELBY  |  THURSDAY, 21 MAY 2020
Although the last two months have been marked by increased volatility and disruption, small caps have largely outperformed. During March, small caps performed broadly in line with their larger counterparts, with the ASX Small Ordinaries Index dropping ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Super Consumers Australia has called on Australia's life insurance industry to eradicate "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if ...

Industry flocks to JobKeeper handouts

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
Nearly 13,500 businesses in financial services and insurance enrolled for JobKeeper payments, according to an industry-level breakdown from the Australian Taxation Office. JobKeeper enrolments crossed 835,000 businesses employing over 5.5 million workers ...

From fines to prosecution: The penalties are in

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
The Australian Taxation Office has provided insight as to the penalties that will apply to Australians who have accessed the Early Release of Super scheme despite not being eligible. The ATO has urged all Australians to carefully review the eligibility ...