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Showing 361 - 370 of 1328 results for "AFFECTED"

Insurer invokes financial hardship policy

ELIZA BAVIN | MONDAY, 11 MAY 2020

One of Australia's life insurers has taken a range of measures to assist customers who have been negatively affected by the effects of COVID-19. Integrity Life acting chief executive Lesley Mamelok said the firm has invoked a number of measures to help ...

How early release impacts the ASX

ALLY SELBY | THURSDAY, 7 MAY 2020

... planned for a global pandemic? "The unexpected COVID-19 crisis plus the government's announcement of ERS have severely affected this liquidity planning process and caused many smaller funds to sell their most liquid asset class, which is equity, to raise ...

ME Bank saga could impact super funds

ELIZABETH MCARTHUR | THURSDAY, 7 MAY 2020

... you have that redraw there," he said. ME Bank has apologised for the action and said it is in the process of contacting affected customers to see if they need additional support. However, it maintains the action was in the best interests of customers ...

Adviser bans fall

ELIZA BAVIN | THURSDAY, 30 APR 2020

... deputy chair Daniel Crennan said: "Our enforcement work will continue, however some of that work will also be delayed or affected by the crisis." "We are committed to performing our work in a manner that is considerate to industry participants who may ...

Aussie equities winners, losers revealed

ALLY SELBY | WEDNESDAY, 29 APR 2020

... the market was down around 30% as significant concerns regarding the pandemic and economic issues relating to the virus affected firms globally." In this environment, momentum trumped value, with only one large value active manager outperformed the index ...

ASIC urges insurance flexibility

ELIZA BAVIN | TUESDAY, 28 APR 2020

... regulator said it is committed to working constructively and pragmatically with general and life insurers to help Australians affected by the pandemic to recover, and to aid the general functioning of the economy. "ASIC expects insurers to handle insurance ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG | FRIDAY, 24 APR 2020

... it, for as Markit Economics prints in its latest report: "The response rate from members of the survey panel was not affected by shutdowns in place due to the COVID-19 outbreak." As BOE policymaker John Vlieghe warns, the UK is in for "an economic contraction ...

Members begin to turn on industry funds

HARRISON WORLEY | THURSDAY, 23 APR 2020

... liquidity issues widely reported about some specific funds. "It's really been existing clients who had wealth in the most affected funds and some of the bad press alerted them - and us - and we've sat down with them and it's just been a "let's do it" ...

SMSFs granted annual return extension

ELIZA BAVIN | THURSDAY, 23 APR 2020

... executive John Maroney said the association has been working constructively with the ATO to find solutions for SMSFs affected by economic ramifications of social distancing measures and extreme market volatility. He said he has been in discussions with ...

COVID-19 to lead to deglobalisation: Amundi

ALLY SELBY | TUESDAY, 21 APR 2020

... and frontier countries may be able to benefit from the experiences and best practices then put in place in countries affected by the pandemic earlier. "However, most of them do not have well-equipped health systems and lack the resources to deal with ...

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Aware Super reshapes governance team, appoints chief risk officer

VINNY VUCAGO | 12:28PM

Aware Super has announced a leadership reshuffle, appointing a new chief risk officer amid the departure of its long-serving group executive of legal.

IFM lifts stake in Atlas Arteria to 40% after upping offer price

RIDDHIMA TALWANI | 12:37PM

IFM Investors has raised its stake in Atlas Arteria from 34.5% to 38.3% in an on-market stock purchase, just a day after it raised its offer price for the toll road operator to $5.10 per security.

Zenith bolsters research, investment capabilities with new hires

MATTHEW WAI | 10:54AM

Zenith has announced two senior appointments to strengthen its research and portfolio management divisions.

Regulators push for stronger stress-testing capability, resilience

KARREN VERGARA | 11:52AM

The ability to remain resilient and manage liquidity pressures amid severe, multi-dimensional stress scenarios is an area of focus that APRA and ASIC want superannuation funds to improve.

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