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Showing 901 - 910 of 8008 results for "Average"

Cboe to debut FLEX micro options product

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
... on notional value. The Flex micro options will be available to trade on the S&P 500, Russell 200, Dow Jones Industrial Average, MSCI Emerging Markets and MSCI EAFE indices. The new contracts will be listed exclusively on the Cboe options exchange. Cboe ...

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... cash top-up. Their pricing is competitive, and they gave us exclusivity for 12 months." Active Super estimated that the average member could add more than $150 to their balance annually through Super Booster. Over a 20-year period this would give retirees ...

Mutual sector overcomes pandemic headwinds

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
... larger enterprises but a smaller overall number. The profitability across the top co-operatives and mutuals showed an average annual growth rate of 28.7% in pre-tax earnings across a five-year period. The strongest performances were recorded by those ...

SMSF assets climb to $892bn

ANDREW MCKEAN  |  FRIDAY, 17 JUN 2022
... members of SMSFs. The top asset types held by SMSFs by value were listed shares (28%), cash and term deposits (17%). On average members were 53% male and 47% female and 86% of SMSF members are 45 years or older. With respect to SMSF members income ranges ...

Australian firms spend 3.6bn on financial crimes

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... cost of financial crime compliance across APAC firms is $50.1 billion for 2022; large banks represent 80% of this. The average annual cost of compliance per financial institution is highest for mid to large banks ($10 billion plus in asset size.) Japanese ...

Younger generations lead the SMSF surge: Vanguard

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
... the newest cohort of trustees are younger, confident and more engaged with their superannuation. The report stated on an average basis, newly established SMSFs have continued to be set up by younger investors at lower balances. Between 2006 and 2014 ...

Padua launches new adviser tool

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... shows that by effectively utilising these tools advisers can save over 80% of the time it takes to generate advice on average. That's an incredible time-saving - reducing what currently takes 140 business days on average down to 16 business days. ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... and interest rate increases. Finder head of consumer research Graham Cook said this cash rate hike alone could cost the average homeowner almost $2000 a year. "The average homeowner will see their monthly repayments jump by $159 - equivalent to $1,907 ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... system's objectives. The report says that insurance in super has a relatively high admission rate on claims, has a high average payout ratio and is a tax-effective method to access insurance for death and total permanent disability. However, even with ...

Lifespan partners with OpenInvest to launch advice solution

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... financially were two of the biggest barriers to adviser accessibility. The report tabled ASIC research which showed the average cost of comprehensive personal advice to be between $2600 and $2900. It also exhibited Financial Planning Association of Australia ...