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| | | Lower fee-paying clients are severely affecting financial advice practices' bottom line and ultimately drag business valuations, a new analysis reveals. The latest Advice practice acquisition, sale & valuation guide from Centurion Market Makers highlights ... |
| | | | ... strong stock markets, particularly in the US. We significantly underperformed our benchmarks in 2023 due primarily to a lower allocation to those public companies that performed extremely well throughout the year, most notably the 'magnificent seven' ... |
| | | | ... increased access to market opportunities. It will also increase WAM Leaders' relevance in the marketplace while providing a lower management expense ration as a result of the removal of duplication of expenses such as ASX listing fees, share registry ... |
| | | | ... functions for insurance and superannuation entities. The Financial Accountability Regime Bill 2023 passed the upper and lower houses of parliament on 5 September 2023. The FAR aims to strengthen the responsibility and accountability framework for APRA-regulated ... |
| | | | ... which can reduce their superannuation savings. Women at retirement age typically have superannuation account balances 25% lower than men. WA premier Roger Cook said he would like to see more private sector employers follow suit. "We know, on average ... |
| | | | ... compared to 49% of men. Women have 53% less in total cash savings than men and on average have saved up $22,680 - substantially lower than men's $48,087. On a monthly basis, women are able to put away $551 while men can save $281 more at $832. Sarah ... |
| | | | ... 13 years, welcomed the announcement. "More than 80% of our one million-plus members are women, many working in typically lower-paid industries such as aged care or early childhood education. Paying super on paid parental leave will help our members add ... |
| | | | ... downside protection. The asset class is also said to pay monthly or quarterly income and greatly mitigate sequencing risk for lower-balance retirees who may need to draw down on capital periodically. "We note Challenger, the country's largest player ... |
| | | | ... will benefit from a tax cut, it said. However, those earning over $180,000 will see their promised tax cut reduce while lower-income earners are to receive more relief than initially promised. Among the changes, Treasury will reduce the 19% tax rate ... |
| | | | ... superannuation lead Michael Lovett said at the outset, Shrimski also reinforced Vanguard's intentions to get that 0.58% fee even lower. "We're doing some work on fees as it is, and more to come on that... but we're already looking at our ... |
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