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20 July, 2020 |
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Industry News | Third early release surge predicted | 42% of Australians have reported being negatively financially impacted by COVID-19 giving rise to concerns of a third surge in superannuation early access claims if and when JobKeeper is wound back. |
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Industry News | Growth funds end FY with 0.5% loss | Despite losing 0.5% for the financial year growth funds have had an “excellent year” as international shares were up 3.6% in hedged terms and 5.2% in unhedged terms, according to Chant West. |
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Industry News | China first country to return to growth | Gross domestic product growth in China hit 3.2% in the second quarter, making it the first country to return to growth following the COVID-19 pandemic and performing far better than its Western counterparts. |
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Industry News | Euroz and Hartleys sign bid implementation deal | Euroz and Hartleys have announced they have entered into a binding bid implementation agreement under which Euroz has made an off-market takeover offer to acquire 100% of Hartley’s issued capital. |
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Industry News | Seamless SMSF appoints BDM | The self-managed superannuation fund administration and audit firm has appointed Jo Hurley, who will return to the industry. |
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Industry News | FSC appoints new fund managers to board | It has appointed four new fund managers to its board and established a new board committee, the Fund Management Board Committee, to drive the strategic policy direction of the Australian funds management sector. |
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