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Showing 161 - 170 of 294 results for "Baby Boomers"

SPAA applauds tax changes to excess contributions

JAMES FERNYHOUGH  |  WEDNESDAY, 14 MAY 2014
... and development Keiran McIlwain saying: "This is good news for many people, particularly Australia's 5.5 million Baby Boomers trying to invest as much as they can into super to take advantage of tax free benefits after the age of 60. "The removal of ...

Advisers at risk of losing three in 10 clients

MARK SMITH  |  MONDAY, 14 APR 2014
... Kristen Turnbull said. "The opportunity spans generations, with advice seekers most likely to be Generation X, however Baby Boomers and Generation Y also expressing an interest. They are more likely to come from the lower wealth segments of mass affluent ...

Advice industry under-prepared for younger client base

MARK SMITH  |  FRIDAY, 7 MAR 2014
... according to the chief executive of Pershing Advisor Solutions, Mark Tibergien. "The industry is fundamentally built on baby boomers but there is a demographic shift which is forcing a change that I think is going to creep up on advisers," he said. Globally ...

Gen Ys engaged with life insurance

LAURA MILLAN  |  MONDAY, 17 FEB 2014
... made 19% take on life insurance, a figure that rose to 26% among GenY, compared to just 14% for GenX and 17% for baby boomers. At the same time, only 12% did it motivated by a real life story of death, illness or accident. "These results reveal that ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
... safeguards are in place to protect consumers as well as the Federal budget," the submission said. It said the wave of baby boomers reaching retirement was making the issue all the more urgent. The Actuaries Institute also recommended the government increase ...

The AFA develops social media simulator

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... said. Advisers can segment their client base by date of birth. The simulator then separates clients in three groups: Baby Boomers, Gen X and Gen Y. "It allows advisers to visualise what would resonate better in their practice," Fox said.

Westpac trumpets infrastructure's 'annuity style' potential

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
... decades. But Westpac focused on the needs of members at the other end of the life cycle. "Over the next 10 years or so, baby boomers will move into retirement phase and there should be greater demand for annuity style returns in superannuation. The infrastructure ...

Advisers risk losing clients, fail to target new ones

LAURA MILLAN  |  TUESDAY, 10 DEC 2013
... current clients and are failing to see that, contrary to general perceptions, advice seekers are likely to be female, baby boomers and from less wealthy segments. About a third of advised Australians are in danger of leaving their current adviser, CoreData ...

Advisers, get ready to manage the baby boomer wave

LAURA MILLAN  |  WEDNESDAY, 23 OCT 2013
Advisers' next great challenge will be managing the volume and the expectations of baby boomers coming into retirement, KPMG partner and demographer Bernard Salt said. Speaking at the Financial Planning Association (FPA) Conference, Salt said that the ...

Tailor advice to each generation: research

LAURA MILLAN  |  TUESDAY, 15 OCT 2013
... face, the difference lies in what kind of meeting each prefer. Gen Y prefer informal catch up meetings over coffee, baby boomers like formal meetings at the adviser's office. Beddoes Institute's Rebecca Sheils said the results suggest that a 'more is ...