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Showing 91 - 100 of 7534 results for "Average"

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
Life insurers are underhandedly hiking premiums in a way that is misleading and fails to explain why they are rising, according to APRA and ASIC, warning that they will take regulatory action if practices do not improve. The regulators have reprimanded ...

Hostplus ups fees on socially responsible option

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... costs now sit at 0.62%, an increase of 0.13% overall. Rainmaker analysis of 45 SRI products from 15 super funds shows the average investment fee, including performance fee and transaction costs, for SRI options is 0.59%. In explaining the increase, Hostplus ...

Agricultural sector in for a mixed 2024: Outlook

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... AI-ECTA is also on the horizon," it said. It added that volatility in global grain markets remains a concern, and above average freight costs are expected as high fuel costs offset smaller production. Further, while cattle prices are tipped to increase ...

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
... Management revealed that an all-equities portfolio, spread across Australian and international shares, has bested the average default superannuation product by 13.6% over the past decade. Innova managing director Dan Miles explained that default superannuation ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... downsize to reduce their debt. According to the Australian Bureau of Statistics, the amount of household debt now sits at an average of $242,000 for Aussies over 55. According to the study, three in five respondents believe that staying in their family ...

Local housing market to reach inflection point: Research

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... been relatively thinly traded and occurred against a backdrop of low inventory. "As advertised stock levels rise to above-average levels in some cities, the housing upswing has lost momentum," the report said. "Downside risk factors have become more ...

Women still underrepresented in asset management roles: FSC

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
While the average number of women in investment teams is slowly growing, the Financial Services Council (FSC) has found they still only account for 29%. The FSC surveyed 16 of its global and domestic fund manager members, with all participants apparently ...

A third of Aussies want life insurance advice: Research

CHLOE WALKER  |  THURSDAY, 7 DEC 2023
... can make informed decisions about how to protect their future," Cupitt said. "Australians shouldn't have to pay $3500 on average for financial advice, especially when life insurers stand ready to provide limited advice about their products, which can ...

Ultra-low fees define basic ETPs

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... most cost-effective option. The total cost of ownership in this sector varied from 0.07% to 0.34%, with an asset-weighted average cost pegged at 0.12%. Following closely were international equities, which posted an asset-weighted total cost of ownership ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... in the lowest 20% of wage earners. A recent SMC analysis of an Australian Taxation Office sample file has found that on average 2.8 million people are underpaid a total of $4.7 billion super in a year. The analysis also showed that lower-income workers ...