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Showing 41 - 50 of 111 results for "Financial stress"

Accountants warn of lockdown cost

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
... accounting practices reported that many of their business clients are experiencing high to very high levels of financial stress. Nearly 54% expect their business clients to find it "difficult" or "very difficult" to pay debts over the next three months. ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
An ASIC review of retail managed funds found that they effectively coped with the challenges presented by COVID-19. ASIC found managed funds largely did not face serious investor liquidity challenges during the height of COVID-19 market disruptions ...

COVID-19 lockdown swells financial stress

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... high correlation with COVID impacted industries and early super release applicants. AMP's latest research on financial stress found the two of industries most impacted by COVID-19, hospitality and retail, have the most financially stressed workers at ...

Super lifting retirees' financial wellbeing: HILDA

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
The growth in superannuation assets means more retirees are coming out of poverty and experiencing less financial stress, but this is creating greater income inequality, the 2020 HILDA survey found. Research from the Household, Income and Labour Dynamics ...

RIR reveals bleak financial upside for disabled people

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
The Retirement Income Review has revealed disabled people are less likely to be in financial stress and poverty when retiring on the age pension alone than in their working lives - demonstrating the struggle a lot of disabled people have making ends ...

FPA announces 2020 award winners

KANIKA SOOD  |  THURSDAY, 26 NOV 2020
... Force for many years, and as a part of his counselling responsibilities, he became aware of the impacts that financial stress can have on individuals," FPA said. "Now a veteran, Anthony is focused on becoming a financial planner and supporting wounded ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... faced by renters compared to homeowners," it said. "However, and consistent with the indications of retirees in financial stress, retiree renters on the Age Pension have income poverty rates well in excess of other retirees and working-age groups." In ...

Homeowners given preferential treatment: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... have lower housing expenditure and therefore higher disposable incomes. "Home owners are less likely to face financial stress and poverty in retirement. Apart from working-life differences, some government policies affect home owners and renters differently," ...

Millions of workers facing financial stress: AMP

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
Severe and moderate levels of financial stress are impacting around 1.8 million Australian workers, according to AMP's latest Financial Wellness study. AMP said of those 1.8 million, nearly half have been feeling financially stressed for an average ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... money," she said. ASIC deputy chair Daniel Crennan said because of the pandemic, many people are experiencing financial stress and can be susceptible to scams. "ASIC will continue to take action to protect consumers from unlicensed financial investments ...