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| | | Research from State Street found Australian savers have been more likely to check their super and change investment strategies during the COVID-19 crisis. Around 42% of Australian savers have been negatively impacted financially by COVID-19, according ... |
| | | | The corporate watchdog has kicked off civil penalty proceedings in the Federal Court of Australia against contracts-for-difference and FX broker Forex Capital, as well as its sole director. If found guilty of all allegations, director Shlomo Yoshai ... |
| | | | ... the industry is not doing enough. "Funds don't want to do this because they say it's not in their commercial interest, but they need to look at this issue," he said. "People think you're a heretic if you question the super system today, but ... |
| | | | ... and will not hesitate to take additional easing measures if necessary, and also it expects short- and long-term policy interest rates to remain at their present or lower levels." This is understandable given the sprint of policy stimulus measures the ... |
| | | | ... named top credit analyst by Institutional Investor, Credit Magazine and CFO Magazine, the firm said. "Consistent with our interest to revert to a flatter structure, and with a greater emphasis on fundamental credit resourcing, we are pleased to announce ... |
| | | | ... is not contemplating offering external managed funds or individual ETFs on the Voyager platform. He also rules out an interest in adviser-controlled market. "From a product development opportunity, we are in the middle of actively looking at an ESG option ... |
| | | | At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views. That's according to the latest insights from Roy Morgan ... |
| | | | ... consumer led recovery. "Given the outlook, it is important that savers understand the ramifications that the current low-interest rate world will have on the future prospects for their portfolios," he said. "Cash, government bond and high-quality investment ... |
| | | | ... futures and options on futures volumes were down 32% during the month to $712 million from $1.04 billion in June 2019. OTC interest rate derivative contracts also fell compared to the same time last year, down 75%. The notional value of contracts centrally ... |
| | | | ... with customers to find the best way to restructure their loan, including extending the length of the loan, converting to interest-only payments for a period of time, consolidating debt, or a combination of these methods. Over 800,000 loans have been ... |
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