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Showing 671 - 680 of 8005 results for "Average"

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... sits at 7.7, ease of dealing sits at 8.0, while the score for all funds sits at +15 - in 2021 it was +26. "Not only have average scores flatlined, but we also see a shift in the distribution of scores over time. Fewer members are rating Satisfaction ...

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... properties which resulted in the drop, it said. Waypoint REIT (WPR) said the process also revealed an expansion in the weighted average capitalisation (WACR) rate on its portfolio by 12 basis points (bp) from 5.28% to 5.40%. The WACR increase was 11bp ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... 8.22% respectively. To put the investments in perspective, Rainmaker Information forecasts MySuper products to report an average return of about 9% for FY23. Even with a challenging investment climate, HESTA is adamant on maintaining strong returns. ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... can invest across the long-term economic cycle." Historically, the balanced option has proven to be steady, returning an average of 8.23% per annum over three years, 6.72% over five years, and 8.6% over 10 years. The balanced option targets CPI+4% returns ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
The recent surge in equities should see MySuper products return an average of about 9% for FY23, according to Rainmaker Information - a finding supported by those funds that already released figures. Modelling by Rainmaker shows superannuation returns ...

Bentham opens fund to retail investors

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
The Bentham Global Opportunities Fund is now available to retail investors for a minimum of $10,000. Launched over six years ago, the fund invests in a multi-sector global portfolio of credit securities, including global high-yield bonds, global syndicated ...

More assets held in Choice over MySuper: APRA figures

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... numbers (148 and 276 respectively), hold $12 billion and $396 billion respectively. Choice accumulation members boast an average account balance of $112,000. Those transitioning to retirement hold an average $192,000, and members already in their retirement ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... admitted it was refunding $70 million to about 100,000 current and former members who had multiple accounts, with the average payment expected to be about $650. The news prompted Super Consumers Australia to call on ASIC and APRA to do more to address ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... system is going to see retirement phase withdrawals coming from its largest accounts. Those in the 60-64 age group have an average balance of $323,000 compared to the younger generations, where those in the 30-34 age group have an average balance of ...

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... $4.5 billion, down from the record $4.9 billion in claims paid in 2018-19. Consequently, super funds are now providing average standard insurance cover of up to $201,000 for young members, which decreases to $56,000 for individuals nearing retirement ...