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Showing 761 - 770 of 8008 results for "Average"

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... January. Underlying profit after tax (UPAT) was also down to $67.0 million. Perpetual said this was due to the decline in average equity markets and net fund outflows during the half impacting its asset management businesses, as well as an increased ...

Dataset to ease policy planning for ageing population

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... produce an age of retirement dataset. In producing the dataset, KPMG has determined the expected age of retirement for the average Australian as well as how their level of education changes things. In doing so, KPMG found Australian workers' expected ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... management division decreased $3.4 million to $34.8 million with its net revenues declining by $9 million due to a lower average FUM. The financial advice business finished positively, however. Underlying NPAT was up $6.4 million or 22.6%. This was driven ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... had significantly poor performance in relation to the benchmark. The fund's total accounts growth rate (three-year average) was also negative (-2.28%). ART chair Andrew Fraser said Commonwealth Bank Group Super members would benefit from the fund's ...

Support staff key to advice firm longevity: Report

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... not offer bonus schemes, it found. Larger practices (those with three employees or more) tend to pay higher salaries on average for operational roles compared to larger firms. Larger practices also tend to pay larger bonuses and are more likely to offer ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... reveals their counterparts in South Australia, Western Australia and Northern Territory are earning significantly less on average ($132,327). In comparing large practices versus smaller ones, Business Health found a large disparity in pay and incentives. ...

One in 10 adults interested in crypto: Report

CHLOE WALKER  |  FRIDAY, 17 FEB 2023
... said. "This has piqued our interest as we have observed the exact opposite trend in retail stocks/ETFs investing." On average, Australian crypto users are familiar with 6.7 crypto providers and have accounts with at least three. The more experienced ...

Industry fund joins the million-member club

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
HESTA has welcomed its one-millionth member and reaffirmed its commitment to growth through its three-year strategic plan. AustralianSuper was the first fund to have one million members, reaching milestone in 2012. Since then, Rest, Hostplus, and Aware ...

Australia survives global pension rout

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
... Watson's Thinking Ahead Institute said. Interestingly, Australia's bond allocation (13%) pales in comparison to the average of the seven largest pension markets (32%). Also, Australia has a proportionately higher allocation to equities (51%) ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... NPAT of $55 million, halved from $111 million last year. This is due to the simplification project carried out, lower average AUM and price reductions implemented the previous year, AMP said. "Our strategic focus has been on simplifying our operations ...