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| | | ... said. This will have a huge impact on the US$24 trillion global wealth transfer tipped to occur in the coming years from baby boomers to millennials. In closing, Fink referenced a recent move by BlackRock to reduce its global workforce, cutting 500 jobs. ... |
| | | | ... of the 1000 Aussie respondents had income of $80,000 a year or less. The largest cohort was millennials (37%), followed by baby boomers (33%), GenX (19%) and older (11%). Australian portfolios have 27% in cash as compared to the least cash-heavy US ... |
| | | | ... Consulting, the group providing the research for ClearView, predicts Australia will need 29,400 advisers by 2022 to cater to Baby Boomers. According to Rainmaker data, as at October 2018 there was 24,889 advisers on ASIC's Financial Adviser Register. ... |
| | | | ... value-based fees were to be banned following the Royal Commission. Otherwise, the nation's next retiring generation - the baby boomers - might have to rely on the intra-fund advice accessible through their superannuation fund. However when it comes ... |
| | | | Helping financial advisers find the best solutions and strategies for Baby Boomers, who own more than half of Australia's wealth, in an era of uncertainty underscored this year's Financial Standard Best Practice Forum on Retirement Income. Speaking ... |
| | | | ... self-employed owners the opportunity to meet their commercial and superannuation ambitions, would simply be throwing the baby out with the bath water," he said. At 30 June 2016, LRBAs made up 4% of all SMSF assets at $25.4 billion. "Certainly, the growth ... |
| | | | ... Gender, Work and Employment Relations at the University of Sydney Business School, said that contrary to the experiences of Baby Boomers and Gen X, today's younger employees are better able to address unconscious bias in the workplace. "This new ... |
| | | | ... behind impact investing. The global survey found impact investing appealed to 56% of millennials, with generation X (52%) and baby boomers (44%) follow closely behind. |
| | | | ... of social media cuts across multiple demographics, not just the millenials, which is a common misconception. "In fact the Baby Boomers segment is the fastest growing market segment on Facebook," she said. Besides Facebook, James said that any financial ... |
| | | | ... Australians spend their time upon retiring - putting financial advisers in the hot seat to manage not only the wealth of the Baby Boomer generation, but the transfer of that wealth. "The sort of business to be in on the Australian continent would be ... |
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