Faced by ASIC questioning ISA changes its early access super calculations Industry Super Australia has received tough written questioning from the Australian Securities and Investments Commission around how it calculates the impacts of early access to superannuation and has consequently changed its methodology. For more.

AFA urges ALP to drop amendments and pass bill The Association of Financial Advisers is urging to the Federal Opposition to put aside unconnected amendments to allow passage of the legislation extending the Financial Adviser Standards and Ethics Authority exam deadline. For more.

Which three EM funds made a return? Only three emerging market funds have reported returns over the year to 30 April, 2020, according to data, but none have reported gains year to date. For more.

Which geographic sectors are doing worst? The North America and Asia sectors have averaged losses but it is the Australia, Europe and emerging markets sectors that have performed the worst since the start of the year. For more.

Advisers pragmatically offloading unprofitable clients New market analysis has confirmed that while many advisers are leaving the industry, those that remain are culling clients they regard as unprofitable or hard to service. For more.

AFA calls for ALP to support FASEA extension The AFA has called on the Labor Party to support the one-year extension for advisers to meet exam requirements as the party had withdrawn its previous support. For more.

Life insurers outline how clients are protected Life insurers have responded to a call to arms from Synchron to demonstrate how they are protecting customers during the COVID-19 pandemic. For more.

La Trobe Financial issues $1.25b RMBS La Trobe Financial has announced $1.25 billion residential mortgage-backed security raising, which it says is going to be one of the largest securitisation globally since the COVID-19 took hold in March. For more.

Ares Australia launches its first Aussie fund Ares Australia Management has announced the launch of its first Australian product, the Ares Global Credit Income Fund. For more.

How SMSFs are weathering the COVID-19 storm Self-managed superannuation funds have been weathering the COVID-19 storm, writes Mike Taylor, but should be alert to the price they may be asked to pay as part of the recovery from a deep recession. For more.

The silver lining of COVID-19 The increase in home and remote working in the light of the COVID-19 pandemic is likely to be a benefit to women in the workplace if the policies are implemented long-term, writes Oksana Patron. For more.