Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 1754 results for "COVID"

Industry associations slam last resort scheme

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... financial adviser numbers now well below 20,000, the FPA fears that the proposed scheme will further reduce the population. "COVID impacts and Australia's ageing population mean the nation's advice needs are growing yet escalating regulatory ...

ASIC outlines approach to reforms amid uncertainty

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
... businesses' systems and processes and take effect at the same time industry is facing other challenges, including from COVID-19 and renewed lockdowns," Longo said. "We therefore recognise there will be a period of transition as industry finalises ...

Industry Fund Services executive departs

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... decided to transfer member accounts with over $6000 to Hostplus (totaling $210 million) after a tender process conducted pre-COVID.

Funds valued illiquid asset correctly: ASIC

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... regulator ASIC stopped just short of praising fund managers on how they handled valuing illiquid assets at the height of COVID-19. ASIC found that the responsible entities of the funds were responsive to the increased valuation risks during its review ...

Delta to impact real estate market: Analysis

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
According to new analysis, the Delta strain of COVID-19 could change Australia's housing landscape dramatically. The research comes from BuyersBuyers, a property buyers agency network, and RiskWise and looks to examples overseas to predict how Australia ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... 104% increase on final dividend in 2020, CBA can continue to grow its dividends over the coming 12 months and return to pre-COVID levels, with its Tier 1 capital ratio sitting at a healthy 13.1%. "The buyback is a logical way for CBA to take advantage ...

How wealthy families protect assets no matter what

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... would never dream of leaving the island of Manhattan, where they had these well cultivated lives... they were driven out by COVID and as they are sitting in the Hamptons they have realised, 'We can get dinner from our favourite restaurant, there's ...

ROAR launches interactive SOA tool

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... practices, manage compliance obligations and build a scalable proposition for low account balance clients. "The latest round of COVID-19 restrictions highlight the limitations of traditional advice processes which are too rigid and haven't kept pace ...

Government passes continuous disclosure changes

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... market on price-sensitive information. It also extended virtual annual general meetings -- which were introduced during COVID -- to 31 March 2022. The allowance includes sending shareholder materials and signing corporate documents electronically. The ...

Active Super rejigs MySuper

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information. Rainmaker's Lifecycle Index beat its Single Strategy MySuper Index for four out ...