The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 99 results for "COVID-19"|
|The equity gap between young and old Australians narrowed after a seven-year widening streak but the improved fortunes of the young may be short-lived, says the Actuaries Institute. Calling it "a year like no other", Actuaries Institute's Intergenerational ...|
|Sunsuper is raising the indirect cost ratio for its Balanced option by 19bps, attributing it to better performance since COVID-19. Sunsuper's balanced option currently charged ICR of 40bps per year, which totals $200 for every $50,000 invested. ...|
|This month the Bank of England's (BOE) monetary policy committee decided to keep the existing stance of monetary policy unchanged; the Bank Rate remains at a record low 0.1% and QE at Â£895 billion. But buried in the "Monetary Policy Summary and ...|
|Retail superannuation funds, with the exception of one industry fund, led MySuper performance for the three years to March end, according to latest Rainmaker analysis. Virgin Money Lifestage Tracker 1973-1983 returned 9.3% over three years, followed ...|
|Increased merger activity in the superannuation sector will see most of Australia's retirement savings managed by just 12 funds, new research shows. KPMG's annual Super Insights report analysed APRA and ATO data and found that once the mergers that ...|
|The peak body for Australia's unlisted property funds sector has appointed the former executive director of institutional funds at Evans Dixon as its new president. Property Funds Australia (PFA) has appointed Andrew Cannane to a two-year term ...|
|It's bad news day on Wall Street overnight with all four its benchmark equity market indices flashing red. The S&P 500, the DJIA and the Nasdaq dropped by 0.9% each, while the Russell 2000 had a smaller decline of 0.3%. The financial literati were ...|
|"Come fly with me, let's fly, let's fly away..." -Frank Sinatara It didn't happen overnight, but it's happening ... now. The Trans-Tasman bubble is here! After more than a year - I recall watching Qantas' chief executive saying it's ...|
|Two Australian chief investment officers made the annual Power 100 list published by Chief Investment Officer . Con Michalakis, who has been Statewide Super's chief investment officer since 2008, was on the list alongside $171 billion Future Fund's ...|
|Hostplus has been chosen as successor fund for about $210 million of member assets from AUSfund, as the latter closes its doors after 33 years. AUSfund, which was set up as a fund for unclaimed or dormant superannuation funds, is owned by an Industry ...|
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Macquarie Securities Australia (MSA) has copped a $126,000 fine for breaching market integrity rules, making this its fifth infringement in the last six years.
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IOOF has handed a $23 billion index investing mandate to a global investment manager following Vanguard's decision to stop managing passive strategies for other institutions.
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Addressing the annual Conference of Major Superannuation Funds, the Prince of Wales has asked Australia's super funds to get involved in his Sustainable Markets Initiative.
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Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees.
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