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Showing 4721 - 4730 of 18263 results for "Plan"

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
The superannuation sector has been called on to act as a key pillar in Australia's response to the COVID-19 pandemic, with the early release of super a central tenet of the government's new policy initiatives. The government's latest suite ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
The Financial Planning Association of Australia is keeping itself busy amid COVID-19 uncertainty, with chief executive Dante De Gori urging the government to consider moves to ease the pressure on retirees, just weeks after he had an audience with the ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Netwealth and HUB24 have kept interest rates on cash accounts at 0%, following the Reserve Bank of Australia's rate cut of 25bps on Thursday. Both platforms confirmed the decision to maintain rates at 0%. "Nothing has changed since last week for ...

Insurers halt some virus cover

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
Two of the country's biggest insurers have halted cover for COVID-19 for some new customers, in new exclusions since the outbreak of the virus. TAL and MLC Life have introduced new policy provisions for any new customers in response to the COVID-19 ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
"Whatever it takes and for however long it takes!" This is the collective battle cry of governments and central banks the world over as they try to calm nerves and get ahead of the coronavirus that's paralysed economic activity. Fiscal and monetary ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
The reserve bank has taken unprecedented action, cutting the interest rate to 0.25% outside of planned meetings, to a new historical low. The "comprehensive package" agreed by the Reserve Bank board also included targeting a yield on 3-year Australian ...

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
UBS is sweeping clean its suite of ASX-listed ETFs, shutting down six funds and delisting three as asset growth stalls. UBS currently has nine ETFs with $300 million in funds under management at February end. On Friday, it informed investors of its ...

Mirae appoints wholesale distribution lead

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
Mirae Asset Management has hired from Russell Investments to appoint a lead for its wholesale distribution in Australia. Tim Reimers has joined in the Sydney-based role and will work with financial advisers, as Mirae does a hard launch of its strategies ...

FASEA exam to go online

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
The Financial Adviser Standards and Ethics Authority has cancelled the scheduled April adviser exam, with advisers set to take it online as the COVID-19 pandemic rolls on. FASEA has been forced to cancel its April face-to-face exams. Recognising the ...

HUB24 wins $1b mandate

ALLY SELBY  |  THURSDAY, 19 MAR 2020
... modern replacement solution for its wrap technology, substantially address the tax credit issue in the ClearView Retirement Plan and deliver competitive new products in the future," the firm said. The development, transition and implementation of the ...