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Showing 1681 - 1690 of 8015 results for "Average"

Time-poor advisers to embrace model portfolios

HARRISON WORLEY  |  WEDNESDAY, 18 DEC 2019
... book. The desire to build a larger book of clients perhaps comes as no surprise, with Australian advisers servicing an average of 40 clients each, compared to 64 clients per adviser for US-based planners. To enable themselves to spend more time with ...

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
... back of digital advice. The Sargon Decimal annual Digital Insights report shows that between July 2018 and June 2019, the average cost of investments for superannuation members decreased from 0.6% per annum to 0.5% per annum. At the same time, the average ...

Super sector to dominate by 2034

ALLY SELBY  |  MONDAY, 16 DEC 2019
... projection of a superannuation sector that will dominate the whole economy - exceeding the size of the banking industry. "The average size of funds grows each year. Within five years, there will be 10 funds with more than $100 billion of FUM," it said. ...

Practice profitability at risk: MLC Life

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2019
... also found only 7% of advisers are charging clients for claims support despite the time and work involved. It takes an average of seven hours at $400 an hour, equating to $2800 - more than the ongoing renewal commission received. In fact, most costs ...

AXA acquires largest student housing portfolio

ELIZA BAVIN  |  THURSDAY, 12 DEC 2019
... studios to affordably priced twin share rooms and apartments," AXA said. "The modern, institutional grade portfolio has an average asset age of circa 4.5 years and offers a wide range of on-site services and amenities for students." The ASAP JV was formed ...

Thousands exit Westpac raise

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... against the bank becoming public. Each share will be issued at a price of $24.20, a 2% discount on the volume weighted average price of shares traded on the ASX during the five days leading up to - and including - December 2. According to Westpac, around ...

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
... the superannuation sector lashed out at AMP for falling well behind its competitors. The data revealed death claims on average are finalized in 1.2 months, with 76.3% of claims finalised within two weeks. AMP, on the other hand, took an average of 5.7 ...

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... information. "It focused on five-year returns. It would have been richer to incorporate some demographic information such as average age of the MySuper account and by also incorporating longer investment periods than five years," he said. AustralianSuper ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... year. Even better, revisions added a total of 41,000 to September and October employment numbers, bringing the three-month average growth in jobs to 205,000 (up by 29,000). The unemployment rate dropped back to a 50-year low of 3.5% from 3.6% in November. ...

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... commissions for these, and also revise down the fees. Culling grandfathered commissions will lower fees for members by an average of 0.44% per year. The changes in investment management fees will take the total fee cuts to 0.55% to 1.10% per year. CFS ...