Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 861 - 870 of 8010 results for "Average"

Investors protect against inflation: Report

CHLOE WALKER  |  WEDNESDAY, 24 AUG 2022
... managers tracked for the index, equity exposure dropped to less than 32% (three percentage points below the long-term average), and exposure to fixed income and other diversifiers rose to 68%. "As inflation surges and markets fall, investors have put ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... males and females was 14.1%. Further, the employment to population ratio was 68.4% for males and 60.1% for females. The average weekly ordinary time cash earnings for full-time adults are $1912.50 and $1665.80 for men and women respectively. In response ...

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... children, this will increase to 2.8%, and three children would see it boosted by 4.5%. These figures assume they retire at 67, average weekly ordinary time earnings growth of 3%, nominal investment returns of 6.5%, 32 weeks spent on parental leave per ...

Aware Super overhauls fee structure

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
... who are in pension mode, transitioning to retirement or in the accumulation phase. Aware Super said members will save an average of $348 a year on fees, resulting from an overall reduction of 0.12 % per year for the diversified investment options, and ...

Females, millennials lead the way in SMSFs: Class

CHLOE WALKER  |  WEDNESDAY, 17 AUG 2022
... the age groups establishing SMSFs, accounting for almost 30% of all new SMSFs established during FY22. Meanwhile, the average age of people establishing SMSFs has decreased from 51 to 46 years. Further, the research found that since 2017, female balances ...

Magellan reports NPAT, FUM slide

CASSANDRA BALDINI  |  WEDNESDAY, 17 AUG 2022
... dividend. Magellan has reported a 3% drop in its adjusted NPAT to $399.7 million. Last year it was $412.4 million. Its average funds under management (FUM) also suffered a loss, dropping 9% to $94.3 billion from $103.7 billion. However, its actual FUM ...

Competition for adviser relationships fierce: Report

ANDREW MCKEAN  |  MONDAY, 15 AUG 2022
... Needs Report. The report found the percentage of new inflows by advisers through platforms decreased slightly to 71% on average, down from 76% in 2021, while the long-term trend remains stable with 73% expected in three years' time. Though adviser's ...

GQG Partners net revenue jumps 21.3%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... US$174.2 million during the same period from US$147.2 million during the first half of 2021, reflecting the increase in average funds under management partially offset by an increase in expenses as GQG continues to invest in talent and overall business ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... was driven by higher claims experience net of reinsurance recoveries, due to increased weather-related claims and higher average claims size driven by supply chain disruptions. In May 2020 the bank entered into an agreement to sell a 55% interest in ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...