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Showing 581 - 590 of 4428 results for "Poor"

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 ...

Compliance crackdown, consultations on horizon: ASX

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... announcing they have found a cure to COVID-19," he said. The stock exchange was also focused on emerging market entities with poor compliance records, Lewis said. "We have been diligently applying the process which we refer to internally as 'show ...

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... after the AMP Life sale. "This decision was made in the long term interest of your company," Murray said. Explaining the poor performance of the wealth management business, Murray said the Future of Financial Advice Reforms and the Royal Commission had ...

Emerging markets weather varied COVID-19 storms

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... equipped to manage a surge in COVID-19 cases, Grana and Culley argued. Vulnerable countries were also likely to experience poor currency performance, they said, with investors shunning risk assets during the COVID-19 crisis to short local currencies ...

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

BENJAMIN ONG  |  THURSDAY, 7 MAY 2020
... 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), restrictions on social interaction, business ...

Platform cancels top 50 funds list

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... was doing enough to identify conflicts of interest that could result in products that don't suit their needs or that are poor value for money. The Woodford Equity Income Fund was wound up in October last year after liquidity problems saw it unable to ...

Markets slump as US jobless claims hit 30m

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... slumped by 4.8% in the first quarter of the year. Perpetual multi-asset head of investment strategy Matt Sherwood said the poor data had resulted in heavy losses around the world overnight. "The MSCI World Index declined by -0.9% overnight with losses ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... the personal advice provided by 21 super funds was compliant. SCA is concerned funds will provide Australians with yet more poor advice because of its competing responsibilities: to act both in the best interests of the fund's members, and the individual ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... assets grew by 20% in 2019. The Rainmaker research found that SRM had an inconsistent correlation with returns, and was a poor indicator of what a product would return. When it came to asset allocation, MySuper products favour equities with the vast ...

COVID-19 will bite into credit ratings

BENJAMIN ONG  |  MONDAY, 27 APR 2020
Nothing focuses the mind as the choice between life and death. This choice has been thrust onto Planet Earth's population by the coronavirus pandemic. So much so, that men, women and children of the world are giving up - willingly or grudgingly ...