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Showing 1561 - 1570 of 8014 results for "Average"

Billions withdrawn from super

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... confirmed $3.8 billion in withdrawals from super was approved by the ATO over the course of three days. Frydenberg said the average withdrawal was $8000 and the super funds will now begin to release the money. "Those applications are now with the superannuation ...

Compliance worse than COVID-19

ALLY SELBY  |  THURSDAY, 23 APR 2020
... director Recep Peker revealed 69% of advisers named compliance burden as their biggest challenge, with advisers spending an average of 6.2 hours to produce a Statement of Advice for the typical client. "So as big a disrupter COVID-19 has been, it's ...

The next big short

ALLY SELBY  |  THURSDAY, 23 APR 2020
... investing works and operates," Reyes said. "Even though passive investing has become a big part of the vernacular of your average Australian and American investor, it still only accounts for about 15% of the ownership of the overall US investible securities ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... innovation for the industry." Griffith said the fear with APRA's heat map is the potential to incentivise the focus on "being average"; there is no room to change investment approaches. "One of the great successes of the Australian superannuation industry ...

Has COVID-19 solved the advice problem?

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... to uncover the future of advice. According to Dillon, the firm - which services 10,000 clients investing $1 million on average - has increased its productivity since adopting the new approach. So seamlessly has the transition been, that Shadforth is ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... term performance of industry funds was negative, long-term customer satisfaction levels had risen across the sector. "The average satisfaction rating across all superannuation funds is 64.2% in March, a 3.4% increase from a year ago. However, this annual ...

Best, worst global equities funds in March quarter

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... category had a value bias. "Stewart Investors, GQG Partners, and Magellan seek high-quality franchises that can earn above-average returns in a sustainable fashion through strong competitive positions, savvy management teams, and conservative balance ...

AMP bleeds $18 billion

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... flagship wealth platform, North, which took on $400 million in funds from external financial advisers. AMP Capital saw its average assets under management for the quarter increase by about $700 million, despite ending it with $10.7 billion less in assets ...

Best, worst performing Aussie equities funds

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... erased three years of gains, assuming full reinvestment of dividends, Morningstar said. As the benchmark returns fell, the average value manager in both categories fared even worse, falling 2.9% below benchmark for large cap category and 1.4% below benchmark ...

Market pain to continue: State Street

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... global markets, State Street's multi-asset product returned negative results during March's sell-off. "Looking into our average positioning across the portfolio for the month of March, the Growth assets allocations have been approximately 29% for the ...