AFA demands APRA collect data on what lawyers are extracting from group life Data needs to be collected on the fees paid to lawyers on group life insurance claims, according to the Association of Financial Advisers. For more.

Was ISA inflating its super release impact figures? Government Senators are claiming vindication because a senior Treasury official has suggested Industry Super Australia may have used inappropriate data to inflate the impact of early release super on final member balances. For more.

Many would ditch life cover if in financial distress New research has revealed that many Australians would ditch their life insurance cover while maintaining house and car insurance if faced with financial distress. For more.

Industry groups create ROA template for early super access FPA, SMSFA, CA ANZ, CPA Australia and IPA financial adviser and registered tax agent members have been provided a template record of advice for clients looking to access their superannuation early due to the COVID-19 pandemic. For more.

COVID-19 gives momentum to responsible investments The COVID-19 crisis has brought environmental, social and governance aspects of investing to the fore and will give greater momentum to the responsible investment process. For more.

COVID-19 adds $1.6b to Westpac impairment charges Westpac has announced it expects to see $2.2 billion (pre-tax) in impairment charges in the first half of 2020, with $1.6 billion of this related to the impact of COVID-19. For more.

Taking a flexible approach to turbulent markets With equities falling and rates at record lows, Laura Dew speaks to multi-asset managers on how they are utilising their flexible mandates to withstand volatile markets. For more.

Tax time in a pandemic With many people focused on how far their investments have plummeted, it is an opportunity for advisers to contact with their clients on tax to make sure they are making sensible decisions and not overreacting, Jassmyn Goh writes. For more.