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Showing 691 - 700 of 2197 results for "In March"

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... dreaming!" The Australian Bureau of Statistics' (ABS) report showing that the country's unemployment rose from 5.2% in March to ONLY 6.2% in April surely is a pleasant dream considering the nightmarish backdrop of the long and winding queues ...

Realigning remuneration expectations

KANIKA SOOD  |  THURSDAY, 14 MAY 2020
... great talent and accompanying challenges," it said in its 2020 Compensation Challenges and Opportunities report published in March. The report says incentives will be down 30-40% (or more) this year. Asset management jobs' total incentives will fall ...

March ASX200 volatility worse than GFC

KANIKA SOOD  |  THURSDAY, 14 MAY 2020
The Australian stock market showed greater intraday volatility in March than it did during the peaks of the Global Financial Crisis, according to new research from Allan Gray. Nine trading days in March showed volatility above 10% for S&P/ASX 200, with ...

Adviser guilty of misuse of client money

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... personal lifestyle expenses. According to ASIC, the offences occurred over a period of more than 11 years, and began in March 2006 when Dick was working as an adviser for AMP's Jigsaw Support Services. In March 2012, Dick became an authorised representative ...

Advisers split on COVID-19 opportunity

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... tough times should "utilise industry support", such as the Adviser Support Package MLC introduced for its aligned network in March, which is designed to help advisers focus on clients, and includes health and wellbeing support, as well as measures to ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... the jobless rate happened despite the participation rate dropping to 60.2% (the least since January 1973) from 62.7% in March. But... this is better than market expectations for a jump to 16% (yey). Similarly, total non-farm employment dropped by 20.5 ...

Prodigy boutique to continue

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
... It's business as usual at Flinders Investment Partners, after its multi-boutique partner Prodigy decided to shut in March. On March 18, Steve Tucker's Prodigy Investment Partners closed its doors after about six years of operation, after its ...

Frontline worker death nominations spike

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... to the same time last year," Cameron said. "Catholic Super has seen more than double the enquiries in life insurance in March compared to 2019, and Equipsuper has received unprecedented requests for paperwork to update death nominations from employers ...

Insurtech investments down 54% in March quarter

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
Life insurance startups saw their share of total and early-stage funding to insurtechs shrink, as total investment in the sector dropped in the March quarter. Insurtechs attracted US$912 million in the first quarter across the globe but the deal activity ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... last year. Tribeca Investment Partners portfolio manager Jun Bei Liu believes super funds added to the selling pressure in March, raising their cash levels prior to the commencement of the government's early release scheme. "Since the ERS was first announced ...