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Showing 771 - 780 of 8008 results for "Average"

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... sales fell 14% to $2.9 billion. Challenger's Funds Management business EBIT was down 42% to $31 million, due to lower average funds under management (FUM) of $93 billion compared to period prior. The Funds Management FUM balance was maintained by positive ...

Women the future of advice: Netwealth

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... represent the largest part of the workforce (75%) by 2025. The data further revealed 22% of Gen Y women will have higher-than-average levels of household income, estimated at over $150,000. Netwealth explained third of Gen Y and Gen Z (35%) women included ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... principles. "The analyses' results revealed that over the three- and five-year periods there was no difference between average investment returns for 'blue' or 'red' state pension funds," Rainmaker Information found. However, the analysis found a 280-basis ...

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
... 12.3 million trades in the six months to 31 December 2022, 3.6% fewer than in the previous six months. ACSA members, on average, settled approximately 94,500 trades per day on behalf of clients. ACSA chief executive David Travers said continued local ...

ESG lead salaries hit $350k: Recruiter

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023
Average salaries for heads of ESG have seen a double-digit increase over the past 12 months, according to ESG executive search and recruitment specialist Talent Nation. Talent Nation has released its annual environment and sustainability remuneration ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... roles," she added. As previously reported by Financial Standard, the national gender pay gap sits at 14.1%, meaning the average woman who works full-time earns $263.90 less per week than a man working full-time. To address this issue, in last year's ...

Private equity still hot: State Street

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... America, Europe, and Asia Pacific. Making up 10% of the total sample, 47 of these respondents were from Australia, with an average of $53 billion of funds under management per person. Despite uncertainty in the market, over two thirds of respondents ...

ISA renews calls for super to be paid with wages

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... the "outdated law" is the key reason workers have been underpaid a staggering $33 billion over seven years, losing an average of $4.7 billion in unpaid super each year. "Modernising the law to align the payment of super with wages in the upcoming federal ...

Insignia saves thousands of hours with AI

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
... explained over 60 processes are currently being automated, reducing costs and improving business efficiencies, saving on average 15,000 full time employee hours per month. The intelligent software bots, known as digital workers, automate processes to ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... sustainability of member outcomes. The data shows that, to June 2022 end, the RSE's net cash flow ratio (three-year average) was -6.79%. Its high fees were also highlighted, with its administration fees on a $50,000 disclosed at 0.64%.