Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 721 - 730 of 2179 results for "In March"

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... springing into action to leverage and safeguard pension pots during the COVID-19 economic and market turmoil. Australia in March allowed workers to withdraw $10,000 for this financial year and the next from their superannuation savings if their employment ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... surpass the two million mark and deaths reach nearly 137,000. US industrial output fell to levels not seen in 70 years in March, while retail sales fell by 8.7%. The New York Federal Reserve's Empire State Index plummeted 57 points to -78.2 in April ...

IOOF trims operations

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
... purpose-led culture we continue to challenge ourselves to deliver better outcomes for clients and members," Mota said in March. "The recent increase in our size and scale through the Pensions and Investments acquisition has improved our ability to invest ...

GAM cuts jobs, reviews pay

JAMIE WILLIAMSON  |  WEDNESDAY, 15 APR 2020
... the end of 2019 to $181 billion (CHF112 billion) at March end. GAM said it completed a voluntary redundancy programme in March, while another targeted redundancy programme is ongoing. The manager said it expects its headcount to drop to 680 FTEs at end ...

Trading volumes surge in ETFs

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
Trading volumes in ETFs grew exponentially in March, as funds under management declined in line with falling equity markets, according to BetaShares' March ETF review. According to the report, trading volumes were up more than 150% month on month. The ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... in consumer spending. South Korea's Composite Consumer Sentiment Index dropped to an 11-year low reading of 78.4 in March from 96.9 in February and 104.2 in January. Business confidence has also fallen to its lowest level since the GFC to 56 in March ...

Plenty still want in on ETPs: Research

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
Despite the market volatility wrought by COVID-19, money flowed into exchange traded products in March. The ASX's latest ETP data shows that even as the market was losing money, cash was flowing in. Rainmaker analysis shows the Australian ETP market ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
... au Jibun Bank Japan PMI survey released a few days before (3 April) - the composite PMI dropped to a reading of 36.2 in March from 47.0 in February, driven by the dive in the services PMI to 33.8 while the manufacturing sector's 10-month contraction ...

NFP super fund performance revealed

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
While the ASX fell close to 30% in March, Rainmaker analysis shows the investments returns for 15 of Australia's leading not-for-profit superannuation funds weren't nearly as bad. Latest analysis from Rainmaker shows the average investment return for ...

Latest adviser exam results in

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
... Alternatively, candidates can defer until August or a later date. Registrations for the October exam open on July 6. In March FASEA announced the April exam would go online. At the time the June exam was offered as an alternative for those that still ...