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30 April 2020 • By Sarah Simpkins • 1 min read

Study finds greater demand for annuities than expected

Research has found there would be greater demand for annuities from customers than previously believed by industry and government professionals

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Macquarie, Westpac, AMP hold highest paid ASX directors

Financial services giants Macquarie, Westpac and AMP have all been named among the companies employing Australia’s highest remunerated board directors

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IOOF paying out $200m in early release claims

IOOF has confirmed it has received more than 28,500 requests for early release of superannuation, totalling around $200 million, while its service ...

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Big four could lose $30bn

The “team Australia” mantra could see loan deferral payments for businesses and mortgagees take billions off the banks’ bottom line

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Fed ‘needs to be bolder’

The Federal Reserve has signalled it will prop up markets indefinitely until it is confident the American economy has weathered COVID-19, but some ...

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As countries reopen, risks remain

The global recovery is now underway, but a number of key risks threaten to derail it. While suppression and social distancing measures have been a ...

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Nikko portfolio manager to front fixed income

Nikko Asset Management Australia has promoted one of its portfolio managers to lead its Australian fixed income division. Darren Langer has become ...

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Flexstone appoints secondary investments head

Global private investments firm Flexstone Partners has expanded its senior team with the hiring of a new head of secondary investments. The Natixis ...

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Global financial services provider appoints new APAC head

A global financial services provider has announced its new head of APAC as it signals a stronger push into the region. Valerie Mantot-Groene will ...

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ANZ takes billion-dollar hit

The bank’s profits fell more than 50 per cent off the back of COVID-19, and it will defer its dividend decision until there is “greater clarity” on ...

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