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| | | ... August remains based on the strength of the labour market, still stubborn inflation and further upside risks to wages. The average pace of employment growth remains virtually unchanged from last year," he said. "As higher rates start to impact demand ... |
| | | | The decreasing pool of financial advisers saw the average number of advised clients rise by 6% to 120 from 113 one year ago, according to Investment Trends. As a result, advisers are increasingly seeking greater efficiencies in technology, the 2023 ... |
| | | | ... registered advisers have exactly five years' experience. The biggest licensees such as AMP Financial Planning have on average 15.3 years of experience. Morgans Financial advisers have 17.3 years, while Ord Minnett advisers have 18.7 years. Advisers from ... |
| | | | ... wages growth appeared to have stabilised recently, members assessed that the environment would remain conducive to above-average increases in prices and wages under such levels of labour market tightness," the RBA said. Persistent inflation in advanced ... |
| | | | ... are some five million Australians who are either retired or approaching retirement, Jones pointed out, adding that the average retirement balance sits at $200,000. "When the time comes to retire, there are huge decisions to be made about how to manage ... |
| | | | ... in value. Charter Hall slashed its office portfolio valuation in the last six months by -3.7% while its long weighted average lease expiry (WALE) for retail assets dropped by -7.8%. Conversely, industrial funds continue to be standout performers, with ... |
| | | | The pass rate for the second level of the CFA Institute exam jumped in May above its historic average, marking an impressive turnaround from the below-average rates experienced during the pandemic. Over half (52%) of the 15,895 candidates worldwide ... |
| | | | ... database. Despite the bleak figures, a recent survey of 122 advice practices found that adviser profitability is rising. On average, revenue jumped from $1.1 million in 2021 to $1.6 million this year thanks to operating a more efficient back office. |
| | | | ... shoot up by nearly 50% from two years ago. A survey of 122 advice practices conducted by Business Health and Iress found average revenue jumped from $1.1 million in 2021 to $1.6 million this year. According to the Financial advice efficiency report ... |
| | | | The super fund delivered 10.7% to members sitting in its default MySuper Lifecycle option, with investment chief Damian Graham saying a pivot away from certain unlisted asset sectors proved the right call. Aware's default MySuper option is a lifecycle ... |
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