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Showing 921 - 930 of 8010 results for "Average"

ASX board diversity stagnating: Report

JAMIE WILLIAMSON  |  THURSDAY, 19 MAY 2022
... Directors are also getting older, with the number of directors aged over 70 now sitting at 22%, up from 16% last year. The average age of directors has remained virtually unchanged for the last six years too, the analysis found. "If a female [in 2030] ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... of last year's house price increase. According to APRA, it's not until men get to age 45 and women turn 50 that their average bank account balance hits the $50,000 threshold afforded to buyers in the government's plan. This point reinforces that most ...

Bolster your retention efforts: Robert Half

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
... afraid they'll lose their best team members to new opportunities, 80% of them are planning to increase salaries by an average of 11.4% this year. Latest insights from Robert Half looking at the financial services sector show 86% of employers are concerned ...

Risk inflows hit $17.6bn last year: Analysis

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... year; MetLife and QInsure saw growth of 11.9% and 10.1% respectively. Market leaders TAL (7.5%) and AIA (7.3%) saw above average (5.5%) inflow growth. There was a 2.2% growth in total new premium sales, with BT/Westpac, TAL and Zurich all recording double ...

Cbus announces changes to admin fees, premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
... Arter said. "Cbus' total product fees are competitive and greater scale enables Cbus to spread fixed costs to reduce the average cost per account. Scale also brings greater capacity to invest in the Fund's internal capabilities." However, at the same ...

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
... 59% to $131.4 million. Fee revenues came in at $362.6 million, an increase of 31% and as a result of a 37% increase in average funds under management to $133.3 billion. The Australian and UK and Europe businesses only marginally attributed to the growth ...

Managed accounts drive profit, revenue surge

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... more have seen 79% more profit per owner than those not using managed accounts. Previous research by Praemium estimated average profitability per practice was around 28%. For those firms with 75% or more of their clients in managed accounts, the profits ...

Aura, Montgomery ink distribution deal

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... wholesale investors, is a diversified portfolio of SME loans, 36% of which are in the agricultural sector. The weighted average loan is just shy of $145,000 with an average duration of four months. Since launching in August 2017, it has delivered a compound ...

Millennials want financial advice: Natixis IM

CHLOE WALKER  |  THURSDAY, 5 MAY 2022
... 60, 82% of respondents said. The research says most millennials are actively saving for their retirement too, with the average investor putting away 17% of their income for this reason. In terms of expectations, after seeing markets outperform in 2020 ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... inflation, the impact of the move has been immediate. A Rate City report has said if the banks pass on this hike in full, the average borrower with a $500,000 loan and 25-year mortgage term would see repayments shoot up by $65 a month. All four major ...