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COVID-19
Funds management
Faced with COVID-19 factors, Westpac has announced new and increased provisioning and asset write-downs totalling around $1.4 billion....
Financial planning
The Financial Planning Association has echoed the Association of Financial Advisers in calling on Choice to retract derogatory comments about financial planners....
Funds management
Amundi Asset Management says trying to time the bottom of the market is unrealistic and investors need to gradually consider opportunities....
Financial planning
A coalition of consumer groups have warned that accessing early release superannuation should be a last resort, suggesting that they talk to a financial counsellor rather...
Financial planning
The firm will also add three more franchise locations as its services are in high demand from investors trying to navigate the COVID-19 pandemic....
Funds management
Consensus earnings and dividend expectations globally remain too high and will be subject to significant downgrades in coming weeks, according to Janus Henderson....
Funds management
Bailouts are there to save jobs and businesses and the COVID-19 pandemic is a health and solvency crisis and shareholders have to pay their bit, Munro Partners believes....
Policy & Regulation
Faced with the uncertainties of COVID-19 the Australian Prudential Regulation Authority has suspended new licensing for banks, insurers and superannuation funds....
Financial planning
The likelihood that businesses won’t restart and customers won’t be able to start paying down their mortgages have been factors in ratings house Fitch downgrading Westpac...
Financial planning
Centrepoint board and executive members have voluntarily taken a 20% pay reduction and non-executive staff have been invited to salary sacrifice six weeks’ leave over six...
Financial planning
Over 95% of businesses in the financial and insurance sectors remain operational during COVID-19, one of the highest rates in industry sectors, although more than half ha...
Funds management
Insync Funds Management has retained its holding in Booking Holdings, which runs the booking.com website, despite a wider negative outlook for travel stocks as it expects...
Financial planning
Business confidence has plunged day-by-day since the COVID-19 pandemic hit Australia and prompted the Government to increase social distancing restrictions....
Financial planning
Re-opening stalled Significant Investor Visa applications could inject up to $100 million into ailing start-up firms....
Funds management
The healthcare sector has outperformed the broad equity market during the COVID-19 crisis as investors reward companies with advanced research to address COVID-19, accord...
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...