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Showing 661 - 670 of 3137 results for "Crisis"

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 ...

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
... Westpac from 2001 until his retirement in 2011, including four years as chair, seeing the bank through the Global Financial Crisis. Prime Minister Scott Morrison paid tribute to Evans, calling him one of Australia's great public servants. "Ted has left ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... Although stimulus measures have been enacted globally, Lafferty said that many still have not reached those affected by the crisis. "The size of global fiscal and monetary stimulus is overwhelming, but implementation has been mixed," he said. "Given ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
... Australia's businesses from being acquired at the cheap by foreign investors, which occurred during the Global Financial Crisis more than a decade ago. At the time, Frydenberg denied that the move was directed at China. Atlas Advisors Australia executive ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
... plummeting and the economic situation is increasingly uncertain." While nurses and doctors are on the frontline of the health crisis, he argued, financial advisers are on the frontline of the economic crisis. Wise Investment Advisers founder Bruce Davis ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The COVID-19 pandemic saw Australia's equity markets become a hive of activity throughout March, as self-directed investors moved to protect their portfolios from the crisis' economic fallout. Investment platform Self Wealth released its quarterly ...

Asset values could drop to 2017 levels: MSCI

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... unlisted property portfolios could imply a "relatively modest" increase in velds when compares to the global financial crisis or the early 1990s recession if asset values return to levels last seen in late 2017. Speaking to Financial Standard, Reid said ...