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Showing 571 - 580 of 8004 results for "Average"

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... approximately four million retirees, and an additional 670,000 individuals plan to retire in the next five years. Although the average intended retirement age is 65.5 years, many individuals end up retiring much earlier than initially planned, the Actuaries ...

Gender pay gap a crucial diversity metric: FSI

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2023
... but information on gender pay gap is far less prevalent. Unadjusted gender pay gap is defined as the difference between average gross hourly earnings of male paid employees and of female paid employees as a percentage of average gross hourly earnings ...

Macro environment trumps inflation for asset owners: Research

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... over a year to recoup their losses and a "long road to recovery." In the first half of 2023, however, portfolios rose an average of 3.7%; some 21% of asset owners have recovered their losses from 2022. OMFIF managing editor and deputy chief executive ...

Commercial property likely to recover in 2024: Insights

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
... conclusion of the rate hike cycle ending in 1994, 2000 and 2010 was in each case a very attractive time to buy, achieving above average returns over the following five years." However, he added that investors cannot expect rates to fall exactly as anticipated. ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... Group structure." Verve Super has close to 7000 members with about $271 million in retirement savings, equating to an average balance of about $40,000. Its objective since launch has been to narrow the gender savings gap in retirement, with features ...

On-platform TDPs miss performance test benchmarks, worst on fees: APRA

ANDREW MCKEAN  |  WEDNESDAY, 29 NOV 2023
... those that exited. As of 30 June 2023, the 58 products with a sufficient history surpassed their benchmark returns by an average of 0.41% per annum over a nine-year period. This contrasts starkly with the seven MySuper products that left the market in ...

Spatium Capital selects trustee, administrator for small caps fund

CASSANDRA BALDINI  |  TUESDAY, 28 NOV 2023
... approximately 25 to 40 listed companies. The fund typically engages in portfolio turnover, with each position being traded, on average, every 30 to 45 days. The fund exclusively invests within the ASX 300. On average, 85% of the portfolio is allocated ...

Gender pay gap trends down: WGEA

KARREN VERGARA  |  TUESDAY, 28 NOV 2023
... since it collated data in 2014. On pay checks, it means that for every $1 men earn in Australia, women earn 78 cents on average. What is encouraging about the data is that there is a gradual movement of women into management, WGEA chief executive Mary ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... use results where the total amount of lump sum death cover is greater than $500,000. However, APRA statistics show the average sum of insured individual policies of lump sum death cover - excluding group cover - is about $714,000. A review of the moratorium ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... at yesterday's 2023 annual general meeting. The wealth platform updated its financial outlook indicating that its average revenue margin has decreased from 0.27% in the second half of the previous financial year to 0.25% in the current period, chiefly ...