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Showing 1061 - 1070 of 8011 results for "Average"

Aussie fund management diversity improves: Research

KARREN VERGARA  |  WEDNESDAY, 15 SEP 2021
... in just over 20 years." On the flip side, previous years saw the percentage go backwards, Long warned, adding that the average change from 2016 to 2021 is just 1%, which would mean parity is 41 years away. "It's worth noting that Australia is only just ...

Advisers embrace technology, lack budget

KARREN VERGARA  |  WEDNESDAY, 15 SEP 2021
... new channels, like client portals and online self-service tools," the report said. Advice firms used 14 applications on average, covering client engagement, financial advice and the workflow and processes. However, advisers are not spending more on technology. ...

Older investors, women flock to crypto

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
... investors are over the age of 44. Older Australians were found to have larger initial deposits, bigger portfolios, and higher average investments. However, they trade half as frequently as younger investors. "Australians aged over 60 are seriously developing ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... reappointed as the group insurer for CFS. The premium reductions will vary depending on member circumstances, but CFS said the average reduction will be 18% across all products and that it will result in $40 million worth of savings for members. "We're ...

Office workers burnt out: Research

ELIZABETH MCARTHUR  |  FRIDAY, 10 SEP 2021
... (53%) of Australian respondents say they suffered from burnout in the last 12 months, coming in 15% higher than the global average of 38%. The research is based on a global survey of 14,800 office-based workers across 25 countries, including 1000 Australians. ...

Breach reporting guidance released

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... loss or damage, within 30 days after the investigation is completed." ASIC found that it took more than four years on average for large financial institutions to identify incidents that proved to be significant breaches. ASIC deputy chair Karen Chester ...

APAC pension funds fastest growing: Study

JAMIE WILLIAMSON  |  TUESDAY, 7 SEP 2021
... highest growth in AUM at 49%, largely because of its merger with VicSuper. As a result, it moved 22 places up the ranks. On average, the Australian funds in the list grew by 15% in the year and ranked eight places higher compared to the previous year. ...

Monark Property Partners launches fund

ANNABELLE DICKSON  |  TUESDAY, 7 SEP 2021
... month as an open-ended fund investing in senior debt only loans secured against property. The fund has a maximum weight average loan to value ratio of 65% over the portfolio and an initial fund target of $250 million. Monark specialises in providing ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... narrowing with 53% of SMSF members being male and 47% female. The majority (86%) of SMSF members are 45 years or older. The average assets per SMSF member were $696,000 while the average assets per SMSF were $1.3 million. Member contributions into SMSFs ...

ERS re-contributions won't be taxed

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... super funds released $36.4 billion in 2020 under the ERS scheme. According to the Australian Bureau of Statistics, the average withdrawals were $7728 and $7536 across the two tranches.