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Showing 421 - 430 of 732 results for "coronavirus"

Retirees hurt by APRA dividend pressure

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
Self-funded retirees have seen their nest-egg investment assets plunge due to COVID-19 and pressure from APRA on companies to cut dividends has made matters worse, according to Midsec Financial Advice. Midsec director Phillip Middleton said APRA's pressure ...

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
... Reserve Chairman Jerome Powell said further stimulus could be needed to support the economy's recovery from the coronavirus-induced contraction."...and from Bloomberg: "Powell Slams Door on Trump's Negative Rates 'Gift'." "It's an ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... was based upon an acknowledgement of the delay in the availability of the exam, but more recently the impact of the coronavirus and the cancellation of face-to-face exams". "We have now been advised that this bipartisan support has been withdrawn and ...

Culture is key in a crisis: Australian Ethical

ALLY SELBY  |  WEDNESDAY, 13 MAY 2020
Culture plays the most significant role in risk management during a crisis, according to the chief risk officer of the nearly $4 billion super fund and investment manager. Speaking over the phone for the Governance Institute of Australia's virtual governance ...

Hedge funds rally in April, but YTD still bleed red

ALLY SELBY  |  WEDNESDAY, 13 MAY 2020
... found that the majority of hedge funds were still in the red year to date, reflecting the devastating impact of the coronavirus pandemic on market performance. Since the beginning of the year, aggregate industry returns stood at -7.49%, eVestment said. ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... of negative interest rates would have been unimaginable even a few months ago. But this has now changed due to the coronavirus," Green said. "As central banks around the world grapple to control the economic impact, it can be reasonably expected that ...

Chief economist update: China's beef with Australia

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2020
... months into the year and it has gone from devastation wrought by the bushfires, the lockdown forced on society by the coronavirus and, just in, a brewing trade war with China - its biggest trading partner. China has recently banned meat imports from ...

Pengana eyes fully franked dividend

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
Pengana is trying to draw investors into one of its international equities vehicles by amending its investment mandate with an objective to fully frank future dividends. Pengana International Equities (ASX:PIA) said it has implemented a change in the ...

Majority of ERS applications from low balance accounts: AMP

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
Over 70% of ERS applications have come from members with account balances with less than $50,000, according to analysis from AMP. AMP said members working in the hospitality, arts, recreation, manufacturing and wholesale trade industries had highest ...

Advisers split on COVID-19 opportunity

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... support, as well as measures to waive license fees until June 30. "All Australians are feeling the effects of the coronavirus, and financial advisers are no different. One in three say it's having an impact on their health and wellbeing, despite the ...