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Showing 671 - 680 of 6513 results for "News"

Insurance premiums soar at Qantas Super

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... likes price increases, and combined with the additional challenges our members are facing at this time, we understand this news will be disappointing," Qantas Super said. "Please know that we have negotiated tirelessly on your behalf to keep premium ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
... support for business owners and relief for tourism operators who can no longer work on Melbourne-based visitors for holidays" (news.com.au). The Australian Federal government is also expected implement spending measures in aid of Victoria. For as Prime ...

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
There is a gaping void between what consumers once wanted from financial advice and what they want now and it's being accelerated by COVID-19, according to research from KPMG. KPMG surveyed more than 1500 consumers in May to ask them about their experiences ...

ERS surges $7bn in a week

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic. Treasury estimates a further $7 billion was wiped from super funds as the second tranche of applications ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
The Reserve Bank of Australia kept interest rates steady at its July meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... option, which has now returned 0.75% for the financial year. "To see any positive result in such a volatile year is great news for members," Cbus chief investment officer Kristian Fok said. Elsewhere, Raiz Invest's superannuation offering has seen ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
While we, Australians all, remain glued tracking the mounting cases of infection in Victoria - one that has prompted the New South Wales government to close its borders with its neighbour south of the Murray River for the first time since the Spanish ...

Advisers switch platforms amid pandemic

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... satisfaction with platforms and advice software providers increased for the first time since 2014, Peker said. "While great news for the industry, many satisfaction gaps persist in both parts of the value chain," he said. "To stand out, providers need ...

APRA warns of ERS second wave

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
APRA has warned it is expecting high volumes of applications for the start of the second tranche of COVID-19 Early Release of Super scheme. The regulator said it is expecting a second wave of applications as Australians rush to remove a further $10,000 ...

Pension fund suffers $235bn loss

JAMIE WILLIAMSON  |  MONDAY, 6 JUL 2020
The world's largest pension fund posted a record quarterly loss and a negative return of more than 10% to March end, it has reported. Japan's Government Pension Investment Fund lost 17.71 trillion yen, or $237 billion, in the three months to ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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