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| | | News that the Australian economy may be opening sooner than previously thought saw the S&P/ASX 200 surge on Monday, with investors buying into heavily sold-off sectors. Today, markets have dropped on fears of a second wave, with news of fresh cases ... |
| | | | In the midst of Australian companies cutting dividends due to the effects of COVID-19, Epoch Investment Partners says investors can still generate dividend income from offshore. Damien McIntyre, chief executive of GSFM, the distributor of Epoch's ... |
| | | | ... the webinar. "COVID-19 has arrived at a time when the industry was busy responding to the Royal Commission and working though new education requirements. "The health pandemic has put things into perspective and right now it is essential that financial ... |
| | | | After ASIC issued a stark warning to people using retail broking services to try their hand at day trading, robo-advice services and financial advisers say this is why financial support needs to be accessible. ASIC observed an average of 4675 new identifiers ... |
| | | | ... considered a failure to take reasonable care, recklessness or an intentional disregard. For the trustee who allows it to happen though, the punishment will be much worse. "We will look to disqualify that individual, that disqualification will be made ... |
| | | | With COVID-19 rapidly shifting the ground beneath them, only the fittest superannuation funds will survive, according to Hostplus' Paul Watson. Appearing as part of a virtual panel discussing mergers in super, Hostplus group executive member experience ... |
| | | | With more than one million people applying for the government's early release scheme, questions surrounding super fund ownership in equity markets have come to the fore. The government's scheme will so far put at least a $9 billion strain on Australia's ... |
| | | | ME Bank has come under fire after customers received letters telling them the redraw balances on their mortgages had been dramatically slashed without any warning. One letter from ME Bank, seen by Financial Standard, showed a customer's redraw balance ... |
| | | | "A stronger economic recovery is possible if there is further substantial progress in containing the coronavirus in the near term and there is a faster return to normal economic activity. On the other hand, if the lifting of restrictions is delayed ... |
| | | | ... ensuring it only partners with high quality advice firms. "We're not wanting to be all things to all people. We feel as though there is premium attached to our brand, so it's about tailoring solutions for our clients, and that takes extra time," ... |
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