Super funds expect 600,000 to withdraw $10,000 Superannuation funds expect as many as 600,000 members to follow through and withdraw up to $10,000 with many not understanding the insurance and long-run investment implications. For more.

NAB separates out MLC Wealth amid increased remediation NAB has moved to separate out MLC Wealth for financial reporting purposes as it continues to work its way through increasing remediation costs, including those covering NAB Financial Planning salaried advisers. For more.

Unlisted assets a better super barometer than listed shares Superannuation funds may be opting for rapid out of cycle devaluations of their unlisted assets, but major ratings house, Chant West, argues those unlisted assets are still a better barometer of fair value than listed market valuations. For more.

Sustainable funds outperform ASX Every single Australian-domiciled ‘sustainable’ fund outperformed the ASX 200 over the three months to 31 March, 2020, putting the rest to theory that sustainable does not mean sacrificing returns. For more.

EMs likely to be hit with recessions A third wave of the COVID-19 pandemic is building in emerging markets, which will lead to recessions, according to Amundi Asset Management. For more.

Quality firms outperform in times of volatility Quality companies tend to outperform in market turmoil and display lower drawdowns and quicker recoveries, according to VanEck’s study. For more.

GQG continues Aus expansion with new appointment Jane Wang will join in the newly-created role of client service and operations associate. For more.

Bravura appoints NZ country manager Kylie Bryant has been appointed by the wealth management software firm to lead the management of its business in New Zealand. For more.

Perpetual grows adviser numbers despite COVID-19 Perpetual has reported hits to both funds under management and funds under advice but has continued to grow adviser numbers. For more.

COVID-19: Insurance FAQ The major insurers have been faced with some key challenges as a result of COVID-19. Col Fullagar looks at the issues and the implications resulting from the pandemic. For more.

ETFs pass the COVID-19 test The last few weeks have highlighted the importance of liquidity to markets, writes Arian Neiron, so how have ETFs fared and how can they be traded in volatile times like this? For more.