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Showing 941 - 950 of 1756 results for "Covid"

Investment consultant adds to insurance team

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... which is facing lower premium revenue and increased potential claim experience. It said these challenges are exacerbated by COVID-19 leading to further reductions in forward-looking returns from many asset classes. "This is particularly pertinent for ...

Demand for advice rises

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
... reassess their financial situation, the research firm's 2020 Financial Advice Report found, with 44% of those surveyed claiming COVID-19 as a major catalyst. "Potential clients overwhelmingly prefer receiving comprehensive advice over limited advice ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... with better revenue margin trends (slower rate of decline) and a faster than expected recovery in flows." They added that COVID-19 appears to have had minimal impact with sector heavyweights HUB24 and Netwealth issuing bullish flows guidance that were ...

Majority of ERS applications double dippers

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... repeat offenders and suggests that there are fewer people experiencing sudden financial hardship since the initial hit of COVID-19. Over the week to August 30, superannuation funds made payments to 51,000 members, bringing the total number to 4.2 million ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it." This is backed by the continued improvement in the Institute for Supply Management ...

Instos dial up alternatives allocations

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
Most institutional investors are seeking alternative investments to safeguard against COVID-19 volatility. New CoreData Research reveals nearly half (40%) of the 459 participants it surveyed between June and July will ramp up allocations to alternatives ...

ASIC bans crypto scammer

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... Appeals Tribunal. It comes after the corporate watchdog recently issued an alert on the dangers of cryptocurrency scams during COVID-19. The alert noted that most cryptocurrency "investment schemes" reported to ASIC were "outright scams". During the ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
... benefits in certain circumstances due to Pandemic Illness," HESTA said. "This clause was never invoked by our insurer when the COVID-19 pandemic was declared. The non-applied pandemic exclusion has been removed from the insurance policies." Additionally ...

Future Fund risk aversion not at historic levels

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
The sovereign wealth fund yesterday warned about investing cautiously in a COVID world, but a look at its historic risk taking shows it has been more risk averse before. "Now, more than ever, we are conscious of our obligation to avoid 'excessive risk'. ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... underscored by the surge in the household savings ratio to 19.8% in the June 2020 quarter from 6.0% in the previous one. The same COVID-19 uncertainty has also prompted a 6.5% dropped in private business investment in the June quarter. The weakness in ...