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Showing 711 - 720 of 8008 results for "Average"

Adviser PI premiums up 40%: APRA

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... found that between 2015 and 2021 professional indemnity gross written premiums grew by 75%. This is comprised of a 27% average increase in premiums and a 38% increase in risk counts. While increases differed across occupation groups and subgroups, the ...

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... intervention order on the issue and distribution of CFDs in March 2021. In the first three months of the order, ASIC reported average net losses reduced 94% to $22 million. A review by ASIC found 72% of retail investors who'd traded CFDs had lost ...

Family offices maintain a steady course: Goldman Sachs

CHLOE WALKER  |  WEDNESDAY, 10 MAY 2023
... lower proportion (27%) are concerned about inflation than in EMA (62%) and the Americas (56%). Across all respondents, the average asset allocation to private equity increased slightly from 24/% in 2021 to 26%, while the average allocation to public ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... its insurance premiums quite significantly. For male members, standard death and TPD Assist premiums will increase an average of 26.6%. Those with optional income protection cover will see an increase of 15.1%. For female members, death and TPD premiums ...

Next generation stands by family adviser: Survey

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... about $1.5 trillion has been passed on to the next generation since 2002, according to the Productivity Commission. The average age of the recipient is 50 years old and inherits about $125,000. Nuveen head of global sales and adviser development Joy ...

Work, retirement redefined: Vanguard study

CHLOE WALKER  |  MONDAY, 8 MAY 2023
... spent during retirement, and how much income will be required to fund their ideal retirement lifestyle, Vanguard found. On average, participants aged between 18-34 hope to retire by age 59.5, while those aged between 35-54 hope to retire by age 61.5. ...

Reserve Bank raises cash rate to 3.85%

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
... has now peaked. Still, 25% believe we have some way to go and that it will peak at 4% or higher. The panel expects the average cash rate will be 3.75% by the end of the year, reducing to 3.25% by the end of 2024 and 2.96% by 2025 end.

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... super at the same time as their salary and wages. By transitioning to payday super, the government aims to tackle the average annual $4.7 billion of unpaid super. Unpaid super has been worsened by existing rules, which only require employers to make ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
Rich Australians who possess $1.9 million on average make up nearly two thirds of total household wealth, a new study finds. A new paper from the Actuaries Institute, Not a level playing field, examined the wealthiest and poorest 20% of the population ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... and expect - to give good advice," she said. Levy said her final recommendations will ensure just that. "Poor or even average advice is not good advice. Good advice will be advice that is fit for the customer's purpose," she said. With this, she ...