Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1201 - 1210 of 8011 results for "Average"

Low pass rate for latest FASEA exam

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... and Ethics Authority (FASEA) exam had the lowest pass rate yet. A total of 1079 advisers sat the exam, compared to an average of 1323 across all exams. Only 73% of those that sat the January exam passed. The overall pass rate across all sittings of the ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... so gently to 2.1% in 2023 (from 2.0%). Overlay these inflation forecasts with the Fed's change of strategy towards average inflation targeting -- the Fed is switching from a point target of 2% inflation to achieving "achieve inflation that averages ...

AustralianSuper introduces insurance changes

KARREN VERGARA  |  WEDNESDAY, 17 MAR 2021
... half of its 2.2 million members will pay lower premiums. Others however will see insurance costs go up. From May 29, the average cost for industry division members will rise by 3.2%, while public sector members will pay 0.4% more. A 45-year-old member ...

Alphinity portfolio manager resigns

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... boutique has $13.1 billion in total FUM of which $3.5 billion is in global equities. Fidante Partners ended 2020 with an average FUM of $71.8 billion, after picking about $5.8 billion in net inflows in the December half. Of the inflows $3.9 billion were ...

Women boost SMSF balances

ANNABELLE DICKSON  |  WEDNESDAY, 10 MAR 2021
The average SMSF member balance for women has increased more than it has for men over a five-year period to the 2018/19 financial year, new data shows. The Australian Taxation Office's (ATO) annual statistical overview on SMSFs showed the average female ...

ERS disproportionately impacted women

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... withdrawals under the ERS program the gender gap in super balance increased. Women between the ages of 30 and 39 had balances an average of 15.6% lower than men's balances before the ERS and 22.3% lower after the ERS. For those aged 40 to 49 the gap ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... are looking significantly lower, according to Credit Suisse. Since 1950 the Baby Boomer generation would have enjoyed average annualised returns in such a portfolio of 6.4% (7.1% for equities and 3.6% for bonds). But the younger generation, can expect ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... equity of $152.6 million on 8 March 2021, a 20.6% premium to the value of its equity based on the 90-day volume weighted average price and 41.9% on the 180-day volume weighted average price. In February this year Mainstream agreed to pay $5.1 million ...

Childcare costs drag women's nest egg

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... Last year, Victoria University found that parents pay $5900 per year in out-of-pocket childcare costs - more than the average cost of sending their child to private school. The global pandemic continues to threaten women's progress on gender equality ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... and committees, trustees and chief executives are held by women. Interestingly, 11 out of the 13 funds that had an above-average proportion of women in leadership roles outperformed in the three years to FY20. Figure 1 highlights the 13 funds: Tasplan ...