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Showing 371 - 380 of 1347 results for "Grant"

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... approach as the operating environment stabilises, and added current license applicants will be advised when it begins to grant licenses again. APRA confirmed it would continue to assess current licence applications to ensure it minimises the delay on ...

Super fund temporarily cuts fees

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
A superannuation fund designed for women has halved the fees of new and existing members who find themselves jobless as a result of the COVID-19 pandemic. In an effort to protect the super savings of its members, FairVine Super has launched the FairGo ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... heavily on the duration and spread of the virus, which is very uncertain." Similarly, SG Hiscock A-REIT portfolio manager Grant Berry said that although REITs initially held up at the outset of the COVID-19 sell-off, they too have now suffered heavy ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Commonwealth Bank chief Matt Comyn said the bank is anticipating a 10% contraction of GDP in the March quarter, doubling his prediction from last week. Last week Comyn had predicted a 5-6% impact on the economy but said he revised his prediction due ...

Super funds must prioritise liquidity: Regulators

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
The superannuation sector has been told in no uncertain terms how it should deal with the ongoing impacts of COVID-19, with ASIC and APRA directing super funds to prioritise liquidity. In a joint letter sent to all registrable superannuation entities ...

SMSFs in flashback to 2008

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
Self-managed super fund professionals and trustees may be feeling some deja-vu, as the same measures that were used in 2008 have been brought in to guide the sector through the COVID-19 pandemic. Terry Pinnell, chair of the Ethical Advisers' Co-op ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... seeing this reaction as concerning for the global economic growth. Speaking to Financial Standard, Stephen Miller, adviser at Grant Samuel Funds Management, said against the current backdrop it seems probable that in the next couple of quarters we will ...

Foreign fund managers granted licensing relief

HARRISON WORLEY  |  WEDNESDAY, 11 MAR 2020
Overseas fund managers are set to be exempt from requiring an Australian financial services licence for the purposes of convincing professional investors to become a client. Under ASIC's newly released foreign financial services provider regulatory ...

Netflix-for-funds bolsters leadership

HARRISON WORLEY  |  MONDAY, 9 MAR 2020
... co-founder and chief executive Rowland Hirst has confirmed the appointment of former Business Council of Australia chair Grant King the firm's advisory board. King currently serves as a director of HSBC Australia, and was previously the managing ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
... government is moving default KiwiSaver funds away from fossil fuels, putting people and the planet first." Finance Minister Grant Robertson said the government would be changing the investment mandate from 'conservative' to 'balanced', in a bid to ensure ...