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Showing 1031 - 1040 of 8012 results for "Average"

Super advice gains traction: Research

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... their financial position has improved thanks to their financial adviser, who helped clients grow portfolios by $140,000 on average. This led to increased client satisfaction with their adviser and super fund representative across all 18 key service metrics ...

Netwealth proposes merger with Praemium

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
... at a 29% premium to Praemium's closing price of $1.16 on October 27 and a 25% premium on the five-day volume weighted average prices of Praemium and Netwealth to the date same. Later this morning the Praemium board rejected the offer, believing it undervalues ...

Super fund documents unreadable: Study

JAMIE WILLIAMSON  |  FRIDAY, 29 OCT 2021
... documents produced by Australia's largest superannuation funds have performed dismally in an analysis of readability, with an average score of 45.6 out of a possible 100. Ethos CRS analysed 80 different documents published online by the 10 largest industry ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... differences in geographies, which the fund says better reflects its overall investment strategy. For instance, the Weighted Average Carbon Intensity (WACI) blended benchmark is 137. Post-adjustment, QSuper's global listed equities portfolio sits at 136. ...

Financial services feels talent crunch

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... employers pulling out all cards in an attempt to retain staff. It was a bustling quarter for the Kaizen team with the average salary placed at $141,000, at a high of $330,000 and a start of $70,000," Kaizen said. Last quarter, 57% of the firm's placements ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... Australia shows about $5 billion in super went unpaid in the 2018-19 financial year, owed to about three million workers. On average, Australian workers lose about $1700 in superannuation each year, ISA said, amounting to $60,000 less in retirement. ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... taking over the management of superannuation have swirled for years. Should this materialise, comparing costs with the average MySuper product would see the Future Fund charge significantly more. Currently, MySuper has a total cost ratio of 1.07% on ...

Centuria, MAF make joint acquisition

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... from government and blue-chip organisations such as Reserve Bank of Australia, JLL and Minter Ellison. It has a Weighted Average Lease Expiry of four years. "We are very pleased to work in partnership with Centuria Capital to acquire this iconic asset ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... Authority's latest examination statistics show that more than 1300 candidates sat the September exam, which is lower than the average of 1683. Of this total, 32% re-sat the exam compared to the average of 29%. The July pass rate stood at 61%, while the ...

Joining the 1% around the world: Analysis

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... data on the adjusted net national income per capita statistics to determine how long a person would have to work on an average wage to join the 1% in their country. Australians would need 66 years and five months to earn the $2.8 million required to ...