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CORONAVIRUS
Life/Risk
Despite rumours suggesting otherwise, the Financial Services Council says receiving the COVID-19 vaccine will not invalidate life insurance policies....
Funds management
Investors should remain cautious about extrapolating short-term cyclical boosts into a presumption of a higher secular trend rate of growth or inflation, according to Wes...
Policy & Regulation
Major financial services groups are urging the Government to provide incentives for people to top-up their superannuation but there are concerns that a lack of detailed r...
Funds management
T. Rowe Price believes the speed of Australia’s economic recovery is being underestimated and is less dependent on the success of a vaccine....
Superannuation
There were a further 21,000 superannuation members who applied for the early release of their super in the week before the scheme ended, with 31% representing repeat appl...
Funds management
The State Street Investor Confidence index finished 2020 with an increase of 13.3 points in December, reaching the level of 104.1 from November’s revised reading of 90.8....
Funds management
Investors should not forget that while there has been a rebound of the Chinese economy from the COVID-19 pandemic, it still has its risks of being an emerging market, deV...
Funds management
As Moderna becomes the second firm to announce a successful COVID-19 vaccine trial, its shares have risen by more than 400% since the start of the year. ...
Funds management
The firm’s profit hit was notably due to credit and other impairment charges of $447 million as a result of the COVID-19 pandemic....
Funds management
Fee waivers provided due to the COVID-19 pandemic, reduced transaction volumes due to the pandemic, along with increased expenses and credit impairment charges contribute...
Superannuation
The COVID-19 early release superannuation scheme has forced people to choose between poverty now or poverty in retirement, the Australian Institute of Superannuation Trus...
Superannuation
Median growth superannuation funds performed well in the September quarter thanks to strong international shares and have mostly recovered losses experienced in February ...
Superannuation
Superannuation members need to regularly check their balance given the scams and fraud activity surrounding the early release of super scheme, a super body has said....
Superannuation
While the median balanced superannuation option returned 0.9% in July, funds are still down 1.2% over the 12 months to July, according to SuperRatings....
Superannuation
The regulatory body will restart licensing activity for banks, insurers, and super funds with the first phase to start in September, 2020, and the second in March, 2021....
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...