Insight Multi-Asset update – week beginning 11 February, 2020

From

Market and economic review As the week progressed fears of the coronavirus seemed to somewhat abate which, with the help of constructive data releases, allowed global equities to move to... Read more continue reading

Equity Trustees establishes Australian charitable trusts to support national disaster recovery

From

Australia’s leading trustee company, Equity Trustees, has completed the establishment of two perpetual charitable trusts designed specifically to support people and communities around the country to recover from disaster and... Read more continue reading

Westpac announces support for businesses affected by Coronavirus

From

Westpac has announced support measures for business customers financially affected by the outbreak of Coronavirus. The measures will be available to eligible customers immediately and will remain in place for... Read more continue reading

ASIC’s draft DDO guidelines could place significant burden on product issuers and distributors

From

ASIC’s draft guidance on product Design and Distribution Obligations (DDO) entails ‘significant’ change regarding arrangements between financial product issuers and distributors, according to Harry New, partner in the financial services... Read more continue reading

Actuaries Institute recommends disability insurance sector reform to ensure community and customer benefits

From

The Actuaries Institute said Australia’s $5 billion disability income insurance (DII) sector needs urgent reform, noting that failure to implement significant changes will reduce consumer access to affordable disability cover... Read more continue reading

Super funds immunised against short-term volatility

From

According to estimates from leading research house SuperRatings, super funds had a positive start to 2020, with the median balanced option returning 1.9% in January, driven predominately by gains from... Read more continue reading

SuperAA changes name to Seamless SMSF

From

The self-managed super fund (SMSF) administration and audit firm Superannuation Advisors Australia – known as “SuperAA” is changing its name to Seamless SMSF to better reflect its service delivery and... Read more continue reading

Impact of Novel Coronavirus (2019-nCoV)

From

Economic and financial perspectives Novel (new) Coronavirus pneumonia (NCP): Since the world was alerted to the outbreak in mid-January, metal and energy prices have fallen 10-15 per cent but global... Read more continue reading

Clime Smaller Companies Fund hits two milestones

From

Clime Investment Management Limited (ASX: CIW) has announced the Clime Smaller Companies Fund has surpassed two significant milestones: $50m under management and investment returns of 50.7% net of fees for... Read more continue reading

Weekly market update – week ending 7 February, 2020

From

Investment markets and key developments over the past week Global share markets rebounded over the last week on optimism the coronavirus outbreak will be contained and helped by solid earnings... Read more continue reading