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Showing 161 - 170 of 348 results for "Baby Boomer"

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
A higher than expected number of changes to superannuation delivered in the 2016 federal budget will keep financial advisers on their toes, as they work to update financial plans in line with the changes. From 1 July 2017, the tax exempt status of income ...

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
Contrary 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
RaboDirect's Financial Health Barometer has revealed that Australians are becoming less trusting of financial advice, with only 29% of respondents stating they trusted financial advice in 2015, down from 40% in 2014. The survey found that a greater ...

FSC sends final budget message

DARREN SNYDER  |  WEDNESDAY, 27 APR 2016
A reduction in concessional contribution caps for middle-income superannuation members would hurt Australia's budget long-term, bear an increased cost to taxpayers, and not align with super's objective. This is the final message from the Financial Services ...

Annuity sales growth drive up Challenger 1H16 profit

ALEX BURKE  |  TUESDAY, 16 FEB 2016
Continuing growth in annuity sales has driven Challenger's 1H16 after-tax profit up 18% on 1H15 to $182 million. Challenger chief executive Brian Benari argued that a significant factor in this was annuity sales driven by interest in Comprehensive Income ...

Omniwealth names new COO

MARK SMITH  |  TUESDAY, 15 DEC 2015
Diversified financial services group, Omniwealth, has named its new chief operating officer. Atle Crowe-Maxwell will also be director of the company's new business advisory service. In the role he will be responsible for building a business advisory ...

FEATURE: Inflation plus investing

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
In a world where beating the benchmark is not enough, investors need to target returns above inflation. Laura Millan asks industry leaders how to succeed in the current economic environment. There was a time when investing was a matter of coming up ...

Are Australians money dumb about savings?

DARREN SNYDER  |  THURSDAY, 24 SEP 2015
The continuing message for Australians to seek financial advice on their savings, be it retirement or otherwise, could not be more clear. Australian comparison site finder.com.au has released statistics from an annual survey known as the Money Savvy ...

New SMSFs slowing as boomers retire

ALEX BURKE  |  MONDAY, 7 SEP 2015
... he said. "You're going to see more growth in SMSFs as people become more and more accustomed to the idea while the baby boomer retirement plays out and the next generation comes through." The latest edition of Financial Standard is out now. Click here ...