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Showing 881 - 890 of 1756 results for "Covid"

La Trobe completes half billion issuance

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
... what remains an unclear global investment environment. La Trobe Financial has remained open for business throughout the COVID-19 virus crisis and maintains substantial forward funding capacity alongside $488 million of shock absorber and regulatory capital." ...

Chief economist update: UK's winter of discontent

BENJAMIN ONG  |  FRIDAY, 25 SEP 2020
... downward trend from a 7-day moving average of around 3700 when restrictions were first eased to 1300 by the end of August. COVID-19 infections in the UK jumped to a 5-month high of 6634 on the September 24, sending the 7-day average up to around 4500. ...

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... issuers, industry bodies and international regulators. It also reviewed 12 DCM transactions, some before and some during the COVID-19 pandemic. Notable transactions include Virgin Australia's $250 million B-rated issue in March 2019, a $2.5 billion AAA-rated ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... has operated as "one big silo". The Hayne Royal Commission exposed retail funds acting in their best interest, while the COVID-19 crisis showed industry funds acting and furthering in their own self-interest, he said. The New South Wales Senator proposed ...

Many who accessed ERS unsure of impact: Research

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme. The study, conducted by the ARC Centre of Excellence in Population Aging Research (CEPAR) and Cbus ...

ASIC extends advice, capital raising provisions

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
... to ERS. "ASIC will continue to monitor the appropriateness of these temporary relief measures in light of the impacts of COVID-19 on capital markets and on the demand for financial advice," the regulator said. Furthermore, the capital raising relief ...

817 super complaints during COVID-19

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... were directed at super funds. "The data released today covers complaints lodged up to 30 June 2020. The early impact of COVID-19 can be seen in the spikes in complaints relating to travel insurance and early access to superannuation in particular," AFCA ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
... of Australia, although it was also the month Victoria was returned to a Stage 3 lockdown in response to a second wave of COVID-19. "Australia's superannuation funds have had a challenging year with millions of people opting to withdraw up to $10,000 ...

Super Recruiters announces chair

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
... to helping the HR leaders of wealth managers and super funds better position their organisations in the current and post-COVID world." "While there are a range of challenges for people in our organisations, there are also solutions. These range from ...

Count Financial adds member firm

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
... are so many things to think about and it can be so disruptive to the business, particularly with the added challenge of COVID-19." The expansion follows a growth strategy which has seen 50 advisers added to its network since the start of this year. Count ...