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Showing 51 - 60 of 397 results for %22Great Financial Crisis%22

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... submission to the government's Technology Investment Roadmap discussion paper, HESTA said climate change presents a very real financial risk to its portfolio, arguing if they fail to consider it in investment decision-making it would negatively impact ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... according to the research. State Street head of investments Australia Jonathan Shead said that while the short-term financial implications of the pandemic are front of mind for many, State Street were interested to see whether those worries changed long-term ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... growth 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 ...

Advisers switch platforms amid pandemic

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... overall 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 ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... VIX index to a reading of 82.69 - its highest level of Factset's (1990), surpassing the 80.86 registered during the Great Recession and Global Financial Crisis of 2008. It was the best of times... Fast forward three months and every single index ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... This reversal of economic fortune has caused a level of pain that is hard to capture in words as lives are upended amid great uncertainty about the future." Output and employment remain far below their pre-pandemic levels, he added, saying the path forward ...

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
... working as intended, he argued. "COVID-19's impact has exposed shortcomings in retirement product design, access to financial advice and superannuation education," Rady argued. The survey found that almost 80% of retirees did not seek financial advice ...

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... lockdown has been striking. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the "Great Lockdown" is expected to play out in three phases, entering the lockdown, exiting, and finally escaping the lockdown when ...

A-REIT winners, losers of the 'new normal'

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... first home buyer market segment," Pham said. The REIT space is in a far better position than it was during the Global Financial Crisis, Pham noted, recommending investors focus on REITs with sustainable earnings growth, strong balance sheets and favourable ...

Advice group acquires software business

ALLY SELBY  |  TUESDAY, 2 JUN 2020
... is focused on providing the services and support that licensed and self-licensed financial advice firms need to provide great advice to their clients," he said. "These complementary services will give the Enzumo business increased talent and scale to ...