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Showing 161 - 170 of 291 results for "Baby Boomers"

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 ...

70 pct retirees see advisers

LAURA MILLAN  |  TUESDAY, 15 OCT 2013
... years old the number jumps to 70%. "We tend to think that the GFC has destroyed trust in planners, but pre-retirees baby boomers have implicit trust in their financial planner."

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 23 SEP 2013
... Commission (ASIC) Senate inquiry and see what some industry pundits think of the regulator. We also investigate how baby boomers may be able to make their super savings last via Australian equities funds that cater specifically to this zero tax group. ...

Annuity sales reinforce solid Challenger result

MARK SMITH  |  MONDAY, 19 AUG 2013
... profitably from the solid foundations laid over the last few years, while our annuities business continues to prosper as Baby Boomers retire and seek security and regular income." Despite tougher regulatory capital rules, Challenger's post-tax normalised ...