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Showing 1161 - 1170 of 8011 results for "Average"

Low FASEA pass rate continues

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
... 65% passing on their re-sit. March was a popular sitting for the exam, with 2234 advisers taking the exam compared to an average of 1399 across all exams. "FASEA congratulates successful candidates on completing an important component of their education ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... Superannuation Funds of Australia. "We want all Australians to get the most out of the superannuation system," Frydenberg said. "On average women retire with less superannuation than men." The Retirement Income Review found that 63% of those earning ...

Super gender gap widens for NSW women: ISA

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... median balance for women in NSW sits at $48,700, falling behind the national median of $49,300 for females. While women, on average, earn considerably less than men, the gender pay gap has narrowed over the last 40 years, according to the Australian ...

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... option unit prices." Sunsuper's Balanced option returned 21.3% for the year to 31 March 2021, compared to the industry average of 19.3%, the fund said in a statement. "..The ICR performance-related costs are incurred in years where investment managers ...

Investec fund in management buyout

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... alongside new and exciting early-stage Australian businesses. Since that time, the fund has supported eight companies with an average investment of greater than $4 million in each." "With the strong support of our shareholders we are now able to continue ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... (plus US$1,400 per each dependent of all ages) signed off in March 2021. In addition, the Wall Street Journal "observes average unemployment recipient receiving federal enhancement (which continues to September) earns above the $15/hr federal minimum ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... that, European companies intend to purchase around €150 billion of their own shares next year - a "25% jump from the average of €120B in the five years pre pandemic". And why shouldn't they be? There's money from the European Commission (EC). ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... cash received from investor applications versus cash paid out in investor redemptions during the first half of 2020. The average net investor cash flow declined from 19% of the funds' net asset value in the last quarter of 2019 to 3% in the first quarter ...

FirstChoice dominates platform market

KARREN VERGARA  |  THURSDAY, 29 APR 2021
... and AMP Flexible Lifetime comprised the top three platforms. Rainmaker also found one platform services 2200 advisers on average based on the total population of 20,667. One adviser uses six platforms on average. "Delving more deeply, this analysis shows ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... steel mills increased production in expectation of more robust demand from the construction and manufacturing sectors." "Average daily output stood at 2.97 million tonnes, up from 2.94 million tonnes in December and compared with a daily average of 2.58 ...

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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