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COVID-19

Financial planning

National Australia Bank has taken a significant hit from COVID-19 related issues, with MLC Wealth also feeling the pain....

Financial planning

ANZ staff have filed complaints of unfair treatment with the union as the bank is demanding they take leave during the COVID-19 shutdown, despite banks being classified a...

People & Products

Research from Roy Morgan shows two-thirds of working Australians have seen their employment affected by COVID-19 Government restrictions....

Superannuation

AMP’s first quarter cashflows have been impacted by COVID-19 and factors such as the loss of corporate superannuation mandates....

Financial planning

Troubled property investment firm Mayfair 101 has launched its next strategy, a fixed income property bond investing in a tourist resort in Mission Beach, Queensland. ...

Superannuation

Uncertainty caused by COVID-19 has lowered satisfaction levels with industry and retail super fund members but self-managed super fund and public sector fund member satis...

Funds management

Investment strategies need to preserve capital, look for strong balance sheets and good quality assets that have been oversold as the scale of the economic shock COVID-19...

Funds management

Although emerging markets offer unique exposure to both COVID-19 and the oil price crash, Western Asset sees value in the higher quality part of the market....

Financial planning

There was an 8.9% decline in total wages in the financial services and insurance sector between 28 March and 4 April, one of the highest changes across industry sectors, ...

Financial planning

Australia could ‘grow very strongly’ in 2021 according to Reserve Bank of Australia governor Philip Lowe, but the fallout from COVID-19 will ‘cast a shadow over the econo...

Financial planning

New survey data commissioned by the industry funds suggests that up to a million people seeking early access to their superannuation are actually ineligible because they ...

Superannuation

Superannuation funds may be opting for rapid out of cycle devaluations of their unlisted assets, but major ratings house, Chant West, argues those unlisted assets are sti...

Financial planning

New research has confirmed that while financial advisers are busy helping their clients, they also have a strong focus on ensuring their own business survival in the curr...

People & Products

The workplace mental wellbeing organisation has updated its online courses to help workers during COVID-19....

Editorial

The Government and ASIC were right to act on making the provision of advice to confused and worried superannuation fund members and advice clients easier, but some import...

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