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Showing 451 - 460 of 757 results for "Corona"

COVID-19 creates case for robo-advice

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
After ASIC issued a stark warning to people using retail broking services to try their hand at day trading, robo-advice services and financial advisers say this is why financial support needs to be accessible. ASIC observed an average of 4675 new identifiers ...

Frontline worker death nominations spike

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
The chief executive of Catholic Super and Equipsuper has shared new data revealing a sharp increase in enquiries on life insurance and updates to death nominations for essential workers. Scott Cameron said the five offerings over which he serves as ...

Trustee behaviour in a COVID-19 world

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
SMSF trustee behaviour will be under scrutiny from the Australian Taxation Office and they're set to face some tough penalties if they assist in the illegal early release of super. Under the government's ERS scheme, a number of key issues face SMSF ...

Advice, but not as you know it

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
While it is probably too soon to know the full impact the COVID-19 crisis will have on the future of advice, it is fair to say it may not look the same when all's said and done. Speaking to Financial Standard chief executive of JANA, Jim Lamborn, said ...

A challenge in a Class of its own

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
SMSF platform Class found itself in a fairly unique predicament recently after acquiring a business in another state only for the borders to be closed as a result of the COVID-19 pandemic. Class, which is based in Sydney, purchased NowInfinity, based ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
With more than one million people applying for the government's early release scheme, questions surrounding super fund ownership in equity markets have come to the fore. The government's scheme will so far put at least a $9 billion strain on Australia's ...

No change of mind for ERS

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
The Australian Taxation Office has said members who change their mind over the Early Release Super scheme will not be able to withdraw their applications. In an update to its Design and Implementation document the ATO outlined that only where there ...

AFP investigates ERS scams

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
The Australian Federal Police are investigating a small number of scams in relation to the government's Early Release of Super scheme. The Australian Taxation Office said measures designed to protect the integrity of the early access to super scheme ...

Emerging markets weather varied COVID-19 storms

ALLY SELBY  |  THURSDAY, 7 MAY 2020
Although the COVID-19 pandemic has not discriminated in its destruction of both developed and emerging economies, Janus Henderson has warned investors to prepare for a dispersion of outcomes in the post-pandemic world. The more advanced emerging economies ...

Chief economist update: Will emerging markets be first to emerge?

BENJAMIN ONG  |  THURSDAY, 7 MAY 2020
We're all in this together. Just as the coronavirus doesn't distinguish between race, colour, creed or political affiliations, responses by governments - rich and poor - have been the same all over the world (well, almost except notably Sweden) ...