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Showing 1321 - 1330 of 8013 results for "Average"

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
... funds, the group said, citing the Productivity Commission's finding that choice products underperform MySuper products on average. "Without this, the members of products not included in the YourSuper comparison tool and performance assessment will be ...

Millions of workers facing financial stress: AMP

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
... latest Financial Wellness study. AMP said of those 1.8 million, nearly half have been feeling financially stressed for an average of 6.5 years or more. In addition, the research found that 50% of all Australian workers reported at least some level of ...

COVID-19 spurs proactive investing: Study

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... global investors, Australians are more worried about their future financially due to COVID-19 (72% versus the 65% global average). During this volatile period, over a third of Aussies tend to invest or make adjustments to their portfolios, compared to ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
... wage inflation. However, loan impairment expenses were $550 million for the quarter which equates to 28 basis points of average gross loans and acceptances. Consumer arrears have been insulated by loan repayment deferrals and government support with ...

Aware Super backs electricity transition

KARREN VERGARA  |  TUESDAY, 10 NOV 2020
... infrastructure investment by 2030, as well as support 6300 construction and 2800 ongoing jobs mostly across regional NSW. The average household should be able to save around $130 per year on electricity bills, while small businesses will save about $430 ...

Emotions lead to losses: Oxford Risk

ANNABELLE DICKSON  |  TUESDAY, 10 NOV 2020
... said investors in Australia and elsewhere around the world make investment decisions for emotional comfort, costing 3% on average annually. The firm noted that many investors increased their allocation to cash during COVID-19 induced volatility which ...

Pension funds told to practice what they preach

JAMIE WILLIAMSON  |  TUESDAY, 10 NOV 2020
... on governance, policy, implementation and accountability. VBDO said there has been a slow but certain increase in the average total score of the benchmark in recent years, however this year saw a significant drop. Last year the average score came in ...

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
... In its yearly report, AFCA revealed complaints had risen to 80,546 from 47,223, which is a 14% increase in the monthly average compared to the last financial year. The ombudsman reported that it resolved 76,681 complaints during the 2019-20 financial ...

Off-platform assets consume advisers' time

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... time collating information for reporting compared to custodial platform assets and only report to clients twice a year on average compared to 24/7 online, the survey found. Praemium chief commercial officer Mat Walker said: "Advisers are struggling to ...

Insurers must shape up on mental health: TAL

ELIZABETH MCARTHUR  |  THURSDAY, 5 NOV 2020
... making of making a mental health claim. Mental health claims are also much larger than other claim types. For TPD the average amount paid for mental health claims is almost 65% higher than the other claim. In income protection, mental health claims are ...