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Showing 51 - 60 of 1756 results for "Covid"

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... respond in due course. "Paying out members' retirement savings after they die is the final service we provide them. During COVID, a sharp increase in member deaths and a significant impact of the pandemic on staffing numbers saw a backlog relating ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... when their liabilities are not liquid," he said. Furthermore, Asher said the formula used did not work in 2020 during the Covid pandemic - when government bond yields behaved unpredictably due to quantitative easing and other factors. Challenger chief ...

SMSF sector continues to grow

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
... customer experience and marketing Brett Grant said. After a surge in interest in SMSFs among younger generations during COVID-19, Baby Boomers returned to make up a stronger proportion of new SMSF accounts, Grant said. Baby Boomers accounted for over ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI  |  TUESDAY, 18 FEB 2025
... economic uncertainty is as high as it's been in the last three decades," Tagg said. "I guess, for the very first moments of COVID and a range of geopolitical risk indices exist, and each show an uplift through the last decade, spiking, of course ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... of WAM, which was set to be held in person in March 2022. However, the WAM board changed the meeting to be held online as COVID-19 restrictions were still in place. The WAM board told investors it did not support any of the resolutions proposed by Keybridge ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... government and its business dealings with companies should create value for American citizens. "If we're going to buy two billion COVID vaccines, maybe we should have some warrants and some equity in these companies and have that grow for the help of ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... economy is in a malaise", with GDP growth slowing over 2024 to an annual rate of 0.8%-the weakest in a generation outside the COVID-19 downturn. Tax Reform Briggs labelled the proposed superannuation tax on balances with over $3 million as "symbolic ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... record of 54.5%. "This was 0.5 percentage points higher than a year ago and 2.3 percentage points higher than before the COVID-19 pandemic," Jarvis said. "The rise in both the number of people employed and unemployed also saw a further rise in the participation ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... and "hand a large bill" to taxpayers. For example, its research shows that a 30-year-old who withdrew $20,000 through the COVID-19 early release of super scheme, could retire with $93,000 less in superannuation, resulting in "taxpayers picking up the ...

World on the brink: Frontier Advisors

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
... rising risks from unsustainable debt, geopolitical rifts, and climate inaction. The report said after spiking at the onset of COVID-19, government debt levels as a proportion of GDP briefly retraced but have since continued their upward trajectory to ...