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Showing 331 - 340 of 1756 results for "Covid"

Review of ASIC kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 30 NOV 2021
... it also operates against a backdrop of "the need for ASIC to continue supporting Australia's economic recovery from the COVID-19 pandemic." The FRAA will provide its report to the government by the end of July 2022. Interested parties will have until ...

Count Financial adds advice firm

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... parent company CountPlus saw a 59% drop in net profit to $7.1 million in the last financial year. Grandfathered commissions, COVID-19, and regulatory reforms were some of the biggest detractors to its performance.

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... against La Trobe in December last year, the firm said that no liquidity event, even though the global financial crisis and the COVID-19 pandemic, ever occurred that required it to delay meeting redemptions. "We have never withheld a monthly distribution ...

Default super delivers best performance in 34 years

KARREN VERGARA  |  MONDAY, 29 NOV 2021
... segment is now performing 'line-ball' with each other." As for lifecycle strategies, the booming equities market since COVID-19 arrived has worked in favour of this sector. Rainmaker's lifecycle indices outperformed the single strategy indices ...

Advisers optimistic for 2022: Research

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... in 2020. Advisers are also optimistic that things will return to normal in terms of how they invest client portfolios. "COVID-19 asset allocation changes are not expected to be enduring," Investment Trends associate research director Kurt Mayell said. ...

CCIV legislation introduced

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... billion as a proportion of $2.6 trillion." "We want to see Australia financial services industry contribute more to post-COVID national economic growth and the CCIV will help achieve this objective." The CCIV regime is expected to commence from 1 July ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... in 2019, and originally set to start after 31 March 2021 and then pushed to 1 October 2021 due to challenges related to COVID - the APRA funds have known these changes have been coming for a long time," Kitto said. "The front-line staff of a few industry ...

COVID-19 relief for SMSFs may require specialist input

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... SMSF Association chief executive John Maroney has commented on the need for SMSF specialist advice in the wake of extended COVID-19 relief measures implemented by the federal government. "Managing an SMSF can be complex at the best of times, particularly ...

Forum: Do managed accounts measure up?

MICHELLE BALTAZAR  |  MONDAY, 22 NOV 2021
... platforms will gather at a forum this Thursday to discuss the merits of managed accounts, how they have performed during COVID-19 and how to implement ESG advice within a managed account. Among the forum's featured participants are Vincent O'Neill ...

Treasurer announces FIRB, RBA appointments

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... of Ms Schwartz maintains the high calibre of experience and expertise on the RBA board as our economy recovers from the COVID-19 pandemic," Frydenberg said.