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Showing 1391 - 1400 of 8013 results for "Average"

Industry fund chief to step down

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
... 2016. BUSSQ chair Paula Masters said: "Linda leaves BUSSQ in strong shape, and well-placed to build on its record of above average returns for members over the medium to longer term." Under her watch, the industry super fund has returned members an average ...

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... reductions in rent, increased vacancies and potential defaults, Browning said. Browning was then asked by Wilson to provide the average reduction in assets in the classes of retail, commercial, industrial, education and logistics to give a sense of how ...

NZ Super Fund posts positive result

ANNABELLE DICKSON  |  THURSDAY, 10 SEP 2020
Despite delivering single digit returns, the NZ Super Fund managed to outperform the average returns of Australian MySuper products and the Future Fund. The $44.8 billion fund recorded a return of 1.73% for the year ending June 30 underperforming its ...

Charter Hall REIT acquires portfolio, opens raise

ANNABELLE DICKSON  |  THURSDAY, 10 SEP 2020
... and will undertake an equity raise to fund the purchase. CLW is acquiring a 49% interest a portfolio of 70 long weighted average lease expiry (WALE) BP Oil New Zealand service stations for NZ$130.8 million bringing the total portfolio value to $3.8 billion. ...

FASEA adds exam sittings, approved subjects

ELIZA BAVIN  |  THURSDAY, 10 SEP 2020
... with 439 exam sittings across 31 locations and online. As at 30 June 2020, over 10,200 advisers have sat the exam with an average pass rate of 85% per exam. Results for the August 2020 exam sat by over 1500 advisers will be released by the end of September. ...

New research head at Centrepoint Alliance

KANIKA SOOD  |  TUESDAY, 8 SEP 2020
... last financial year, taking its total to 317 licensed advisers. It reported $131 million in FY20 revenue (up 11%). The average authorised representative fee of $19,000 increased to an average of $36,000, which offsets legacy rebate revenue decline ($3.3 ...

Aussie super funds climb ranks

JAMIE WILLIAMSON  |  TUESDAY, 8 SEP 2020
... assets globally grew by 8.1%, Australian funds in the survey grew 19.2% for the year and rose through the ranks by an average of 13 places compared to 2018. "This performance has been aided by relatively high allocations to growth assets and net positive ...

Majority of ERS applications double dippers

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... 1.22 million repeat applications have been lodged, while only 600,000 new applications have been lodged. Additionally, average payment made over the period since inception is $7680 overall but that rises to $8439 when considering repeat applications ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... to national superannuation savings over the past 23 years. ISA said a member is estimated to be $30,250 better off on average with an industry super fund account. A survey of nine industry funds suggested forward CAPEX spending would be around $33 billion ...

Fees fall after super mergers: Research

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... found that in all 11 of the traditional mergers, the more expensive fund's fees were lowered, with members seeing an average fee drop of 21%. For the fund with lower fees going into the merger, seven of the 11 saw an average reduction of 5%. Meanwhile ...