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Showing 681 - 690 of 8012 results for "Average"

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 ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... continue to outperform secondary assets and locations against an uncertain macroeconomic backdrop." Dexus added the weighted average capitalisation rate across the total portfolio expanded by 32 basis points (bp) over the past six months from 4.8% at ...

SMSFs brace for more reforms: Expert

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... arrangement, thereby warranting further consultation," he said. New statistics from the Australian Taxation Office found that on average SMSFs earned $27,266 in income in the 2020-21 financial year. Investment Trends' SMSF Adviser Report found that ...

High value investors playing it safe: Report

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
... HVIs are the best diversified of all investor segments, with 85% of HVIs claiming to have diversified portfolios. The average number of products held is 6.4, compared with 2.3 for non-HVIs. They are also more actively engaged with their portfolios - ...