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

Search Results

Showing 751 - 760 of 1756 results for "Covid"

FEAL executive of the year named

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... O'Sullivan has been recognised for his contribution to digital innovation, corporate strategy, and his leadership throughout COVID-19. O'Sullivan has been chief executive of UniSuper for more than seven years, overseeing $83 billion in retirement savings ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... unadvised cohort, 7.7% switched investment options between February and April 2020 (during the market volatility sparked by COVID-19) and on average they moved 84% of their account balance. Only 1.8% of retirees receiving advice switched options during ...

Underinsurance gap worsens: Research

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... Life Insurance Framework reforms, Protecting Your Super (PYS)/ Putting Members' Interests First (PMIF) legislation and COVID-19, according to the firm's 2020 underinsurance report. The PYS and PMIF legislation in particular have played a key ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... eventuated from increased indirect costs because of additional trading costs incurred from investment changes made during COVID-19 volatility. ACSRF is currently exploring a merger with NGS Super, also announced in August. If it goes ahead, it will likely ...

Court rules insurers to cover COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
The NSW Court of Appeal has ruled pandemic exclusions are invalid, and insurers will have to cover COVID-19; a ruling that has seen IAG go into a trading halt. IAG entered a trading halt on the back of the news, with the ruling possibly meaning insurers ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... the business," Generation chair Rob Coombe said. Despite this, he cited the political disruption in Hong Kong along with COVID-19 as to why it was unable to execute its growth plans. "This derailed capital raising efforts and we have decided to self-cease," ...

Mental health over financial health: Research

ELIZA BAVIN  |  THURSDAY, 19 NOV 2020
... found the majority of Australian workers feel their mental health is the most important aspect to focus on in the wake of COVID-19. Around 70% of workers said mental health is the most important thing to focus on, compared to 27% who said they were most ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... slightly from last year. "The September quarter is generally a quarter of solid wage growth, however, the impacts of the COVID-19 pandemic contributed to a subdued rate of wage growth in September quarter 2020," ABS head of price statistics Andrew Tomadini ...

NSW budget boosts TCorp loans

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... billion in FY21 is primarily due to an increase in infrastructure spend by the government, as well as measures taken for COVID-19 response, recovery and reform, TCorp said. NSW Treasurer Dominic Perrottet presented the state budget on November 17, pledging ...

COVID-19 to remain dominant in 2021

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
The end of 2020 is not likely to see the end of COVID-19, particularly when it comes to the impact it has on global markets. J.P. Morgan Asset Management (JPMAM) explored the trends that will impact portfolios in its annual Long-Term Capital Market ...