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Showing 1441 - 1450 of 8013 results for "Average"

MySuper returns negative

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... as they could have been. According to the Rainmaker MySuper investment performance index, MySuper products delivered an average return of -0.9% last financial year. It is the first negative annual financial return for default super products since the ...

Chief executives cop pay cuts

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... fixed pay and bonuses were sliding down prior to the pandemic. Realised and reported pay for chief executives fell an average of 7.4% across the ASX100 during FY19. The average chief executive realised pay within the ASX100 universe was the lowest figure ...

Class action over YouTube fundie fallout

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... whether Hargreaves Lansdown had more knowledge of the potential issues facing the Woodford Equity Income Fund that the average consumer would have. The firm is asking for investors in the fund to register for the litigation. "Working with the assembled ...

ASIC slammed over SMSF data

ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
... public hearing reviewing the 2019 ASIC Annual Report. ASIC's SMSF Fact Sheet published last year outlined that the average cost of running an SMSF is $13,900 per year. Earlier this year the ATO released its 2017-18 Statistical Overview of SMSFs and ...

BDM salaries to drop

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... said, BDMs with strong client relationships and investment knowledge will continue to demand and receive a premium to average salary, the firm said. According to Riva, a regional sales manager working for an investment platform should set their salary ...

Adviser salaries unchanged: Research

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... compliant manner mitigating risk and trying to make sure they stay on the right side of ASIC. According to PayScale, the average salary for a Certified Financial Planner in Australia is $104,588, but can range up to $155,000. Meanwhile, senior paraplanners ...

Perpetual opens retail raise

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
... price paid by institutional investors under the placement. In addition, there will be a 2% discount to the volume weighted average price of Perpetual shares traded in the five days the closing date of August 26. Perpetual will pay about $465 million ...

Government introduces pandemic payment

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
... Trade Unions (ACTU) secretary Sally McManus said the payment is a step forward but it is the minimum wage whereas the average wage is double this amount. "Any money for workers who are saving lives and saving jobs by staying home and doing the right ...

ERS continues super drain

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... million since inception. The total value of payments during the week was $1.4 billion, with $29.4 billion paid overall. The average payment made over the period since inception is $7705 overall and $8547 for repeat applications. As at July 26, 96% of ...

CBA ups remediation bill for advice

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... including $698 million in customer refunds and $136 million in program costs. The bank said the updated provisions assumes an average refund rate of 37% (excluding interest) of the outgoing service fees collected between FY09 and FY19, with 61% including ...