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Showing 121 - 130 of 2581 results for "Statistics"

Macquarie Wrap rolls out new features for advisers

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... latest release of account-level reporting in Adviser Online includes a new performance summary screen featuring headline statistics for quick insights, portfolio movement visualisation with dynamic waterfall graph, intelligent filters and enriched data," ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... increased scale and consolidation, a CFS spokesperson confirmed at the time. According to APRA fund-level superannuation statistics, encircle Super held 7612 member accounts and assets under management of $2.7 billion as of 30 June 2022. Meanwhile, Centric ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... than two in five said they would opt to sell and 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 ...

Women still underrepresented in asset management roles: FSC

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... investment teams. The majority of those surveyed (88%) also reported that they actively monitor and track gender diversity statistics within their investment management teams. However, it revealed the representation of women in investment teams averaged ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... to reimagine retirement and get the system up to scratch," he said. According to data from the Australian Bureau of Statistics (ABS), Australia has approximately four million retirees, and an additional 670,000 individuals plan to retire in the next ...

Industry needs better retirement advice blueprint: Expert

KARREN VERGARA  |  THURSDAY, 30 NOV 2023
... annuities, which we believe are more attractive," he said. Recently released figures from the Australian Bureau of Statistics (ABS) shows there were 4.1 million retirees in 2020-21 comprising about 16% of the total population. At the time, some 670,000 ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... than economists anticipated, coming in at 4.9% in October, a decline from 5.6% in September. The Australian Bureau of Statistics (ABS) said the decline represents the third consecutive quarter of lower annual inflation and represents a positive trend ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... instance, insurers can use results where the total amount of lump sum death cover is greater than $500,000. However, APRA statistics show the average sum of insured individual policies of lump sum death cover - excluding group cover - is about $714,000. ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... deputy chief economist Diana Mousina says it's not economically sustainable. According to the Australian Bureau of Statistics (ABS), September's 4% WPI represents a 26-year high not observed since the March quarter of 2009. Speaking to Financial ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... minimise retirees' income, contravening funds' obligation to provide the best possible outcomes for their members. Statistics show that nearly half of retirees only draw the government-mandated minimum income, leaving an average of 30% of their ...