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Showing 1071 - 1080 of 8010 results for "Average"

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... passing at a re-sit. Nearly 70% of candidates sitting the exam for the first time passed the July exam compared with an average of 81% across all exams. Soon, financial advisers will have the chance to sit the November examination regardless of their ...

Equal Pay Day offers sobering reminder

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... concerned they would have nowhere to live in retirement. Modelling from the fund also showed women would have to work an average of five years longer to retire with the same balance as their male counterpart. "I've had members write to me saying they're ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... not have five years or more of returns. The YFYS performance test The new annual performance test has two components: average investment returns (net of investment costs and taxes) for the last eight financial years versus a benchmark, and the administration ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... AvSuper. AvSuper's MOA stated that "AvSuper's overarching investment objective for members of CPI + 3.5% per year, on average over rolling 10 years was met/exceeded" and therefore concluded that the financial interests of fund benefits are being ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
All talk and still no taper (yet). Along with the declaration of "mission accomplished" in the planet's war against the COVID-19 pandemic, the Fed's annual Kansas City Fed's Jackson Hole symposium is the most widely anticipated event of ...

Cbus changes insurance premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
... country. Cbus is also working to extend these changes to Sole Trader members next year. In the three years to June end, on average 96% of TPD claims and 100% of death claims were paid, according to the fund.

Life insurer wins RAC mandate

KARREN VERGARA  |  FRIDAY, 27 AUG 2021
... once-in-a-lifetime global pandemic, Australians' happiness levels remain virtually unchanged. In 2019 Australians reported an average happiness score of 6.9 out of 10, but despite the complete upheaval of life in 2020 that score remains almost steady ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... this month, last-minute changes from the government pushed the administration fees included in the test from eight years' average to just one year. On Wednesday, ISA said the move means 13 out of the 20 biggest benefactors of admin fee change are retail ...

Madison delivers for Clime one year on

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... and with the combined advice and investment capabilities offered by our team, our business has seen a steady increase of average revenue per practice," she said. The group recorded statutory net profit of $2.3 million, up from a whopping $397,000 reported ...

Stockspot hires from Vanguard

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... to Rainmaker Research, there are eight robo-advice providers in Australia. They offer seven investment solutions on an average but Stockspot offers the most with 13 investment solutions. Around 70% of the options are diversified and are often made up ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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