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Showing 901 - 910 of 1326 results for "Pandemic"

Wealthy Aussies panic buy life insurance

ANNABELLE DICKSON  |  MONDAY, 17 AUG 2020
High net worth investors have resorted to panic buying life insurance products as a result of the COVID-19 pandemic despite low trust in the providers, according to the latest research from GlobalData. The analytics and data firm's 2020 Global Wealth ...

Sales, reporting top buy-side pandemic struggles

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
A June survey of 250 capital markets executives found buy-side firms saw sales and reporting as the biggest challenge during COVID-19,while sell-side firms struggled most with trading and risk functions. FIS, which commissioned Longitude Partners to ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... would remain low, averaging around 1.5% over the next two years. Lowe said despite the negative effects of the COVID-19 pandemic the Australian economy is suffering the worst contraction in many decades. "We do not yet have the GDP data for the June ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Praemium has posted a positive full-year result despite the impacts of global headwinds caused by the COVID-19 pandemic. The platform provider saw a 26% increase in global funds under administration to $20.3 billion, a 14% increase in revenue to $51.2 ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... prices have stabilised - WTI oil at an average of US$40.99/barrel and Brent at US$43.59....but not if the coronavirus pandemic could help it. The second waves doing the rounds in many countries - notably, close to home in the state of Victoria in Australia ...

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... share. FSU national secretary Julia Angrisano said that CBA should reflect on the efforts of its staff during the COVID-19 pandemic and the fact that bank workers, especially those who keep branches running, are considered essential workers. "The community ...

HESTA awards three-year mandate

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... the health and community services sector play such an important role in our community, especially during the COVID-19 pandemic, and we are thrilled to be tasked with continuing to provide support to its 850,000 members." "This reappointment is also testament ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
"After a steady period of wage growth over the previous 12 months, wages recorded the lowest annual growth in the 22-year history of the WPI, ABS head of price statistics Andrew Tomadini said. "The June 2020 quarter was the first full period in which ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... from $103 million, in what was a "challenging period." "The business remained focused on supporting clients during this pandemic, including processing approximately 120,000 applications for the early release of superannuation," he said. De Ferrari said ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... launched by bfinance clients had been initiated in the first half of the year. Surprisingly, these were not driven by poor pandemic performance, but rather, were a "continuation of pre-existing plans and proactive strategic or tactical responses to COVID-19 ...