| | FRIDAY, 3 APR 2020 12:21PMIndustry groups want the government to make fast, cheap financial advice possible for those impacted by the COVID-19 downturn - especially when it comes to early access to super.|
|The US is facing a COVID-19 triggered recession that will be the worst on record, according to Bank of America economists.|
|Deloitte Access Economics is urging Australians to leave their concerns about the budgetary impact of Australia's response to COVID-19 at the door.|
|It's time to start thinking about recovery and what shape it might take; a U, a V or as some think, maybe even the Nike swoosh tick.|
|Another industry super fund has reduced the value of its unlisted assets as the impact of the COVID-19 pandemic worsen.|
|If financial markets are going to time the beginning of the end - that is, when equity markets started their slippery slide into where we are now - it'll be 9 March 2020. Mark my words.|
|Lonsec's chief investment officer says valuations look way cheaper than a month ago, but he's not hitting buy just yet for its $600 million managed accounts asset pool.|
|While there may be uncertainty surrounding the economic implications of the spreading COVID-19 pandemic, one thing is clear; if business leaders are not consistent, empathetic and clear with their response, they should prepare to face the music.|
|Panicked, stressed people are making rash decisions and falling victim to scams as they navigate the economic fallout of COVID-19 - but compliance has left some financial advisers and service providers feeling hamstrung in helping.|
|Gone are the days of 'business as usual' with Australia's capital cities and skyscrapers empty and its employees now working from the comfort (and safety) of their homes. But what impact will this have on our real estate investments?|
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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