Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 641 - 650 of 3123 results for "Crisis"

How wealth management must respond to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... value in less than a month. For comparison, the tech wreck of 2001 saw a 44% drop over four years and the Global Financial Crisis of 2008 resulted in a 40% drop in six months. The speed at which the impact of COVID-19 and governments' reactions to the ...

Listed infrastructure mispriced: FSI

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... "The post-COVID-19 world will see personal, corporate and government debt burdens significantly higher than before the crisis, GDP recovery will be weak and interest rates will stay low due to these high debt burdens," he said. "We believe the GLI asset ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... temporary measures to assist the superannuation industry with providing affordable and timely advice during the COVID-19 crisis. "ASIC is committed to working constructively and pragmatically with the firms we regulate, mindful that they may encounter ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
... said the pandemic has resulted in a collapse in activity that is unlike anything experienced in this lifetime. "This is a crisis like no other, and there is substantial uncertainty about its impact on people's lives and livelihoods," Gopinath said. "Many ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... economy will experience its worst recession since the Great Depression, surpassing that seen during the global financial crisis a decade ago. The Great Lockdown, as one might call it, is projected to shrink global growth dramatically." This is how the ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... announced three temporary measures to assist the industry with providing affordable and timely advice during the COVID-19 crisis. It has also confirmed it is delaying its work on grandfathered conflicted remuneration and life insurance advice. To assist ...

Superannuation fund cuts pay in C-suite

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... our members and community stakeholders understand that we are at one with them and that we share in the impacts of this crisis." Some ASX-listed companies have also trimmed the pay packets of their top executives and board directors as COVID-19 bites ...

AMP Capital wholesale property fund rejigs withdrawals

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... in the fund but are concerned about the prospect of elevated redemptions if monthly payments are maintained through this crisis. For some investors, these changes will bring peace of mind." AMP Capital said it will not be raising its sell spreads (it's ...

ISA warns Aussies off locking in losses

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
... locks in any losses they suffered through the volatility. "At the last major market decline - during the Global Financial Crisis - savers who moved their money from an average balanced industry fund into cash were $4000 worse off after three months ...

FSC appoints deputy chief executive

ALLY SELBY  |  TUESDAY, 14 APR 2020
... much needed services to Australians as we all work together to help mitigate the economic consequences of the COVID-19 crisis," he said. Prior to Briggs' role with Westpac, he worked with the FSC for more than six years. During his career he has also ...