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Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
"It was the best of times, it was the worst of times... it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way..." -- 'A Tale of Two Cities' ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... change coach and family focussed financial coach. Verve chief executive Christina Hobbs said access to the Support Squad is free for members, Verve covers the cost. "The purpose of the Support Squad is to ensure that every member has someone on their ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... know they do not need to pay someone to lodge a complaint with AFCA. We are an independent ombudsman service, and we are free to consumers." "AFCA is very clear about its expectations of agents who lodge complaints on behalf of consumers. We expect that ...

Implemented Portfolios partners with Wealth Today

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... to put the client first," Burridge said. "On top of that, the efficiencies gained from utilizing our IMA service really do free up advisers' time - allowing them to step deeper into the role they were designed to do - helping their clients live their ...

ATO crashes amid tax return, ERS rush

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... your super fund, to steal your money or personal identifying information and contact you and charge for services that are free, like gaining early access to your superannuation," the ATO said. "If you receive a phone call, text message or email offering ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
It seemed so long ago and far away now but it was only a year ago that the All Ordinaries index broke above its all-time high recorded in 2007 before climbing to a new peak in February this year. The mood was good: The US and China have reached a trade ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Leaders from the nation's industry super funds have called for greater certainty around superannuation policy, noting various challenges face the industry in the period of economic recovery ahead. In particular, industry fund chief executives pushed ...

Vanguard launches SMSF functionality

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... consider long-term wealth creation through managed funds at wholesale rates and Vanguard Australia's listed ETFs brokerage free. The website has been designed to assist investors by having functionality and a look and feel that aims to promote diversified ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
Victorian supermarkets - Woolworths and Coles - have re-introduced buying limits in their stores as hoarders and panic-buyers returned, raiding shelves of toilet paper, paper towel, hand sanitiser, rice, pasta, flour, sugar and the like following reports ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
Industry Super Australia has labeled a band of MPs "out of touch", after they called for increases to the super guarantee to be put on ice or scrapped completely. Backbench coalition MPs have called for the legislated increase to the SG to be scrapped ...