COVID-19

Superannuation

Anglican Super is accusing AMP Limited of being unreasonable because it has sought to suspend the fund’s successor fund transfer to Mercer citing COVID-19 market volatili...

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Financial planning

Mass testing and global Government guaranteed support would help recover economic turmoil caused by the pandemic within six months, according to deVere Group....

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Superannuation

Superannuation funds have received a letter from the two financial services regulators telling them to give top priority to having sufficient liquidity to make early rele...

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Funds management

Technology funds have experienced inflows every week in 2020 despite markets crashing due to the COVID-19 pandemic, according to data....

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Funds management

There were four Australian equity funds that began experiencing losses before COVID-19 hit the market....

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Financial planning

Dozens of class actions lawsuits are being filed in the United States as thousands lose their jobs over COVID-19....

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Financial planning

The message from advisers to clients is ‘don’t crystallise your losses’, while the message from a Money Management survey of advisers to the Australian Securities and Inv...

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Superannuation

Superannuation funds which have focused on members in single industries and single groups only have themselves to blame if they have found themselves in trouble amid job ...

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Financial planning

Allan Gray surveyed 70 advisers with 77% saying COVID-19 will increase demand for financial advice....

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Financial planning

Given the unprecedented circumstances, financial advisers need to focus on explaining the situation to their clients in the calm manner and help them look beyond the shor...

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Funds management

Changes have been temporarily made to the foreign investment review framework in light of COVID-19, to protect Australia’s economic interests....

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Financial planning

Advised Australians are seeing their financial advisers as a life coach in tough times, according to MLC Wealth....

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Funds management

The current state of market offers great opportunities for contrarian investors with a focus on fundamentals, Allan Gray’s chief investment officer said....

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Funds management

High yield credit is looking attractively priced, according to Russell Investments, as a result of the COVID-19 shock and the oil price collapse has caused spreads to wid...

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Superannuation

UniSuper has seen members switch $2 billion from growth to defensive assets but says it has been able to accommodate the changes without resorting to selling down shares....

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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 ...

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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 ...

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gonski

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

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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....

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

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The difference between a Record of Advice and Statement of Advice is the crux of the FSCP’s latest determination against a relevant provider. ...

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