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Showing 151 - 160 of 196 results for "millennials"

Millennials choosing stock market over housing market

JAMIE WILLIAMSON  |  MONDAY, 19 JUN 2017
As the prospect of owning their own home becomes less of a reality, millennials are turning to the stock market to invest and build their wealth. New insights from CommSec reveal more than half of all new customers are under the age of 35, with the ...

Acorns adds ESG investment option

KARREN VERGARA  |  THURSDAY, 15 JUN 2017
... Sustainability Leaders ETF. Acorns, which has some 260,000 users was launched more than a year ago and is most popular with millennials. Acorns Australia chief executive and managing director George Lucas said the portfolio gives an engaging option that ...

Baby boomers lag on retirement planning

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2017
... income for later life, and most believe that they will only need to replace 64% of their current income in retirement. Millennials (65%) and Generation X (69%) investors have already calculated what will be required to live a comfortable retirement ...

Advisers must prepare for the next generation of clients

EMMA RAPAPORT  |  WEDNESDAY, 7 JUN 2017
Financial advisers who take the initiative to understand new financial products favoured by millennials will be the first in line to secure the next generation of clients, according to former XY adviser and author Clayton Daniel. Speaking to Financial ...

GROW Super opens for business

ALEX DUNNIN, STEPHEN FAY  |  TUESDAY, 23 MAY 2017
... superannuation is continuing to gather pace with the launch of GROW Super, the latest boutique direct product aimed at millennials. GROW Super is offered through LESF Super in association with Diversa Trustees. What makes this product different from ...

Financial stress rising in Australia

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2017
... what can make a difference is to put steps in place, so that we worry less," Ashenden said. In terms of demographics, millennials appear to be the most financial prepared as 49% state they always or often create plans to reach financial goals, while ...

Former adviser launches sustainable trading platform

EMMA RAPAPORT  |  THURSDAY, 18 MAY 2017
... admitted to accelerator class last year and has attracted seed funding. Culver says the platform will specifically target millennials and self-managed superannuation fund (SMSF) owners whose investment decisions are driven by environmental, social and ...

Top trends reshaping Aussie superannuation

EMMA RAPAPORT  |  TUESDAY, 16 MAY 2017
... rather than just the later stages of accumulation as membership bases become more diverse and broadly distributed. "Millennials, Gen X, and the baby boomers all form part of the superannuation equation in near equal numbers," the report said. "Given ...

ESG holds key to adviser client retention

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... advisers that aren't doing more to incorporate ESG concerns into investment portfolios may be left in the dust by millennials. With the new generation of advice clients driving the ESG conversation, Eaton Vance head of Australia Duncan Hodnett said advisers ...

Sharing economy to reshape global real estate

MICHELLE BALTAZAR  |  THURSDAY, 4 MAY 2017
Millennials want a lot of space on their smartphones but not so much for a car or self-storage and that's driving global REITs to change tack. AMP Capital Investors director of institutional sales and consultant relations Mark Miness said there's a ...