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Showing 8051 - 8060 of 28273 results for "NOT"

CareSuper leads super satisfaction

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
... Morgan chief executive Michele Levine said the firm expected the current level of satisfaction among super fund members may not be beaten for some time, given many funds will have taken performance hits as a result of the COVID-19 pandemic. "As we can ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... right to hold a hearing with APRA, and the superannuation sector in the interests of financial stability." The committee has not yet provided a date for the new round of hearings. Wilson said the committee will also begin to hold hearings with the insurance ...

Your super is safe with us: Silk

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... in the weeks and months ahead, but said that shouldn't be a cause for alarm. "We know that bear markets and recessions are not uncommon, and indeed should be expected over a lifetime of investing," he said. "During this time of uncertainty, it's important ...

TAL hits back at rumour mill

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... underwriting terms may be offered." Late last week, some media outlets reported a leaked TAL memo revealed the insurer would not be covering new customers for virus-related claims. TAL issued a stern response to the claims, calling it "factually inaccurate ...

Diversification pays off for some, but not all: bfinance

ALLY SELBY  |  MONDAY, 30 MAR 2020
... five investors of investment grade credit were satisfied with its performance during the COVID-19 sell-off, while 25% were not. Similarly, of the 46% of respondents using multi-asset strategies, only 57% were satisfied with their performance during the ...

Banks throw more businesses a lifeline

ALLY SELBY  |  MONDAY, 30 MAR 2020
... deferred for six months, with extra cash available to 425,000 businesses. During this period of uncertainty, banks have agreed to not enforce business loans for non-financial breaches of loan contracts. ABA chief executive Anna Bligh said the changes ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... far-ranging future lockdown rules become and how much more trillions are spent will depend on the successful containment, if not total eradication, of the coronavirus. There's little doubt in anyone's mind that one day, someday, a cure, vaccine ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... Financial, ASIC alleged their failure to take reasonable steps to prevent Storm Financial from giving poor advice meant they did not exercise their powers as directors with the care and diligence a reasonable person would have employed. The initial determination ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
This week the world gained some clarity as to the true scale of the impact COVID-19 is likely to have which, in turn, made clearer the challenges the financial services industry will face in combating the pandemic's effects. However, greater uncertainty ...

Portfolio rebalancing should be timed: Xplore

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... highlighted where corporates are required to recapitalise in the current environment, Wright said. "Where risk profiles have not changed, rebalancing may still be required," he said "However, timing of this will be conditional on the views of the investment ...