COVID-19

Financial planning

Losing one year of earnings does not justify the hits to a company value, especially if the firm had minimal debt, and the market is making a “gross exaggeration” of the ...

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Funds management

COVID-19, inflation, pension reform and China are the four things investors should watch in today’s global income markets, according to Eaton Vance. ...

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Life/Risk

Big insurer, MLC Life has admitted to advisers that it is up to six weeks behind on some key service deliverables as it seeks to deal with IT issues and Melbourne’s COVID...

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Superannuation

A new report from the Actuaries Institute has confirmed the degree of disadvantage which will be endured by those under 35 as a result of the COVID-19 pandemic and measur...

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Financial planning

The big four bank said it would not pay dividends for the first half of 2020 to retain its strong balance sheet while it monitored the uncertain environment....

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Life/Risk

Fears of infection have seen a higher proportion of Australian high net worth investors seeking to buy life insurance cover, according to newly-released data....

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Funds management

Charter Hall’s retail real estate investment trust has seen its statutory profit 16.8% down for FY20 due to valuation movements....

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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....

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Superannuation

Ending the hardship early release superannuation regime on 30 December and proceeding with a lift in the superannuation guarantee to 12% are central to Government keeping...

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Financial planning

Substantially exiting its wealth management businesses has helped the Commonwealth Bank post a solid result despite the pressures of COVID-19....

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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....

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Policy & Regulation

Government agencies, including the Australian Federal Police, have been alerting the Australian Securities and Investments Commission to rorts around early release supera...

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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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Features

The Financial Services Council’s Zach Castles makes the argument for pulling down the barriers to the delivery of scalable advice....

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Features

Mike Taylor writes that less than 12 months out from the Australian Securities and Investments Commission’s review of the Life Insurance Framework, the Australian life in...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks 1 day ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks 1 day ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

4 weeks ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 1 day ago