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Showing 241 - 250 of 8004 results for "Average"

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... annual admin fee on a retirement account is dropping to $1300, down from $1500. This could equate to a 25% cut or, for the average retiree member, a decrease of $225 in the first year, the fund outlined. Members who open a retirement income account may ...

Family offices to splash cash in APAC

JAMIE WILLIAMSON  |  FRIDAY, 23 MAY 2025
... developed market equities and 40% looking to allocate more to emerging market equities in the next five years. In 2024, the average APAC family office allocated 24% to equities and 20% to bonds from developed markets. The report noted there is caution ...

Age-based super strategies could add thousands to retirement savings

ANDREW MCKEAN  |  THURSDAY, 22 MAY 2025
... billion in assets and serves over 80,000 members across various super offerings, estimated this would translate to an average uplift of $3200 per MySuper account holder. Russell compared the performance of its age-based MySuper solution, GoalTracker ...

Entireti, Otivo enter strategic alliance for digital advice

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... inhibitor. Advisers have the answers and guidance that people need and want but advice is currently out of reach for the average Australian, which is why Entireti is highly supportive of reforms that encourage and foster the development of new and innovative ...

Stockbroking faces 'perception problem'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... operating officer Michelle Inns said while the industry does great work at adding value to clients, the perception from the average person on the street is starkly different, and encouraging more women into the industry would help. "Not only is there ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... "mega funds," six others are within the $50 billion to $100 billion range. KPMG also found that, as of 30 June 2024, the average MySuper administration fee on a $50,000 balance was 0.36% within the retail fund sector - up 0.03% from FY23. In contrast ...

J.P. MAM slashes recession probability to 30%

KARREN VERGARA  |  TUESDAY, 20 MAY 2025
J.P. Morgan Asset Management has slashed the probability of a recession eventuating in 2025 in half to 30% amid relief from the latest tariff announcements, but it warns risks remain elevated. Last week, US President Donald Trump substantially lowered ...

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... captured by the regime. Modeling by AMP deputy chief economist Diana Mousina demonstrated a 22-year-old today who earns an average income throughout their working life will have more than $3 million in super upon retirement when assuming inflation and ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... It further alleged that for each impacted security, Macquarie inflated or deflated published short sale volumes by an average of 12%, and in some cases, distorted figures by over 50%. ASIC said short sale reporting matters, as the data is used to inform ...

Labor vs Liberal: Which government is better for Australian stocks?

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
Labor has secured 93 of the 150 seats up for grabs in the House of Representatives, with a few still in doubt - more than Kevin Rudd or Bob Hawke claimed in their maiden election victories - but does this historic win over the Coalition spell bad news ...