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Showing 451 - 460 of 8072 results for "Average"

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... balances of new mums and narrow the gender super gap. Modelling from AustralianSuper shows a 30-year-old man earning the average wage of $1983 per week with an average super balance is projected to retire with approximately $882,000 in superannuation. ...

Alternatives market to hit US$30tn by 2030: Preqin

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... in the forecasted period. Meantime, private debt will continue to improve, Preqin said. Preqin believes the 2017-2023 average IRR of 8.1% should rise to 12.0% in 2023-2029 for private debt overall, with distressed debt to average 13.4% for the period. ...

Advisers reveal hurdles preventing SMA adoption

ELIZA BAVIN  |  THURSDAY, 19 SEP 2024
... to better servicing their existing client base and acquiring new clients," Gallagher said. The research found that on average, advisers were saving more than 22 hours per week by using managed accounts in their business.

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... 8.9 million employees will benefit from higher retirement savings as a result; Super Members Council estimates show the average affected worker misses out on $1800 in super each year, or $30,000 at retirement. Under the changes, an individual's Superannuation ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... research shows the proposed tax could significantly challenge Class SMSFs with high balances, with Class members facing on average just under $50,000 in additional tax liability," he said. "This could particularly impact the 36% of affected SMSFs that ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... about $100 per annum as a result of the fee cuts. Super members with a balance of $250,000 will save $375 each year on average, it said. "As the largest payer of pensions outside of the government, we're committed to providing better retirement outcomes ...

Aussie female fund manager representation lags: Research

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Only 8% of Australia's funds management industry is run by women, lagging the global average of 12.5%, the latest Alpha Female Report finds. Citywire's annual analysis, which tracks the progress of gender parity in asset management, calculated 903 Australian ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... menopause is costing Australian women about $17 billion lost earnings and retirement savings. "A woman retiring at the average age for a man would accrue an additional 7.4 years of income and superannuation which, based on average earnings of $70,626.40 ...

China to raise retirement age from 2025

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... more than halved by 2086. By 2100, the UN predicts 52% of the population will be over 60 years of age. Since 2000, the average life expectancy has increased by about six years to 77.6 years.

Growing super balances show more work to be done: ASFA

MATTHEW WAI  |  MONDAY, 16 SEP 2024
... several inequalities remain. According to the report, the latest data displayed super account balances from 2022 show the average balance for men aged 15 and over is $182,667, with a median balance of $66,159. For women, the average balance was $146,146 ...