Canberra adviser rolls out pilot project to engage GenYsBY LAURA MILLAN | MONDAY, 2 DEC 2013 11:50AMAn MLC financial adviser based in Canberra has come up with Cashflow Coach, a pilot program designed to engage GenYs in financial planning. Related News |
Editor's Choice
Vanguard to acquire custodian Altruist
Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market.
FAAA pushes to expand NCA to financial advisers
Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers.
SMSFA appoints head of professional standards
The Self-Managed Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards.
UniSuper unlocks close to $15k for members moving into retirement
Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1.
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
There are plenty of things that young people should do to take care of their financial affairs. A budget planner is a good start, as are some simple high level rules:
- sign a pre-nuptial agreement
- pay off debt before saving - especially credit card debt
- avoid getting into debt if you can
etc
My personal favourite is 'start saving for your pension sooner rather than later' - and if you don't believe me, you can explore the impact of your pension saving decisions using an online calculator, and notice the impact of charges, of making larger contributions and delaying your retirement....
You may also want to explore the impact of inflation.