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Showing 131 - 140 of 291 results for "Baby Boomers"

Majority of Australians without financial plan

KERRIE SYDEE  |  TUESDAY, 23 AUG 2016
Baby boomers are more optimistic than their younger counterparts, with 51% of generation X fearing they won't have enough money to retire compared to 40% of baby boomers, according to new research from the Financial Planning Association of Australia ...

Super needs to pick up its retirement game

DARREN SNYDER  |  MONDAY, 30 MAY 2016
... to help people when we don't necessarily know their full financial situation," Howes said. "There are five million baby boomers in Australia right now aged 52 to 70. Each year 289,000 people retire and we don't have suitable retirement offers for them. ...

Investors looking to alternatives amid low cash rate

KERRIE SYDEE  |  THURSDAY, 19 MAY 2016
... made us think that there would be other investors, beside the two of us, who would be attracted to it. "With the baby boomers getting older, with them desiring yield without risk, we just think the investment starts to make sense," Sher said. GCI's recently ...

CFS launches Millennial-targeted super option

ALEX BURKE  |  THURSDAY, 19 MAY 2016
... retirement savings above inflation." He added: "We have 12 FirstChoice Lifestage options, ranging from one for the first Baby Boomers through to our Millennial cohort, and we manage more than $3 billion in assets in these options."

Boomers driving interest in PAFs

MARK SMITH  |  TUESDAY, 17 MAY 2016
Baby boomers are driving an increase in the establishment of private ancillary funds (PAFs) following liquidity events such as the sales of a business, according to national accounting and advisory firm William Buck. A PAF is a philanthropic trust structure ...

Advisers encouraged to review changes carefully

KERRIE SYDEE  |  WEDNESDAY, 4 MAY 2016
... to reconsider the value of this strategy alongside partial retirement. "What is very clear is that Generation X, Baby Boomers and existing retirees will need to take a careful look at their position to understand and interpret what the changes will mean ...

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
... to the consensus view that older Australians are tired with super policy tinkering, a new survey of predominantly baby boomers shows that people are open to changes to the rules that promote fairness and contribute to the system's overall sustainability. ...

Trust in financial advice falling

KERRIE SYDEE  |  THURSDAY, 28 APR 2016
... The survey found that a greater number of Gen Y have a long term financial plan (48%) compared to Gen X (38%) and Baby Boomers (37%). A growing number of respondents also believe that financial advice is 'only for the wealthy', in 2012, 17% of respondents ...

FSC sends final budget message

DARREN SNYDER  |  WEDNESDAY, 27 APR 2016
... $20,000 - we don't support that. We think it would make it extremely hard for older workers to catch up, and women and baby boomers to catch up. It just reduces the amount of retirement money they can put in to superannuation," Loane said. Modeling conducted ...

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
... development given the growing number of Australian retirees: "We are five years into a 20-year cycle of retiring 'baby boomers'. With over 700 Australians turning 65 every day, ensuring this fast-growing cohort doesn't run out of money is one of the ...