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Showing 471 - 480 of 1329 results for "Pandemic"

Eliminating debt prioritised over pension contributions

KARREN VERGARA  |  MONDAY, 19 JUL 2021
... from their employer (up 31% from 2016). J.P. Morgan AM vice president of retirement insights Alexandra Nobile said: "The pandemic highlighted the need to be prepared for the unexpected, with emergency savings accounts prioritised by participants, particularly ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
... the country's unemployment rate dropped to an 11-year low of 4.9% in June - below the March 2020's (when the pandemic and lockdowns began) 5.3% and the eight-consecutive month of decline in the jobless rate. Overseas, the biggest market mover ...

ROA relief guidance released

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... The ROA must have a brief explanation of changes in the client's relevant personal circumstances as a result of the pandemic. It must also have a brief recommendation and the reasons for such recommendations. They urged advisers to keep a file on ...

IFM airport bid falls over

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
... should be rejected. The boards recognised that the company will likely trade below $8.25 for some time due to the COVID-19 pandemic's impact on travel. Today the share price is hovering around $7.75. However, in a letter to shareholders the boards noted ...

Advice engagement jumps during COVID-19

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
A new study finds that the coronavirus pandemic has raised awareness about the importance of financial advice and prompted more Australians to engage with their adviser. A study by ASX-listed firm ClearView shows that demand for financial advice is ...

Significant drop in charitable giving

ELIZABETH MCARTHUR  |  FRIDAY, 9 JUL 2021
According to the inaugural JBWere NAB Charitable Giving Index, Australians are giving less - possibly due to the pandemic. The dramatic fall in giving led to an overall decrease in donations by 16% in the six months to December 2020, taking giving back ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... 19.34%. Cbus chief investment officer Kristian Fok puts the result down the fund's approach to its strategy throughout the pandemic. "Cbus was one of a small group of funds to achieve a positive result (0.75%) during the previous 2019/20 financial year. ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... support such large bonuses being paid. The hearing then erupted into parties, all appearing via video due to the COVID-19 pandemic, yelling over each other. Labor MP Daniel Mulino interjected that "no other asset manager has been asked this... What a ...

Adviser platform satisfaction slips

ANNABELLE DICKSON  |  WEDNESDAY, 7 JUL 2021
The level of satisfaction financial advisers have with their main platform has dropped as the pandemic puts pressure on platform providers to increase capabilities, new research shows. Investment Trends' latest Adviser Technology Needs Report showed ...

FS Power50 nominations open

ELIZABETH MCARTHUR  |  TUESDAY, 6 JUL 2021
... "2021 represents a tough year for a lot of advisers, with new education standards that must soon be met and an ongoing pandemic shifting the way they do business. That's why it is more important than ever to recognise those setting the standard for ...