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Showing 171 - 180 of 348 results for "Baby Boomer"

High expectations suggests need for retirement advice

DARREN SNYDER  |  MONDAY, 17 AUG 2015
Generation Y is the most optimistic about their post-retirement incomes but whether they have the advice or knowledge to reach those high expectations is uncertain. A report released by State Street Global Advisors (SSGA) and Rice Warner today recommends ...

Gen Y can drive SMSF growth

DARREN SNYDER  |  TUESDAY, 28 JUL 2015
... trustees also have a penchant for equities, with an average allocation of 47.8% among Generation X trustees, 48.7% among Baby Boomer trustees and 52.4% among pre-Boomer trustees," the Intimate with Self-Managed Superannuation report said. The report ...

GST increase would deliver $42 billion: FSC

DARREN SNYDER  |  MONDAY, 6 JUL 2015
The Financial Services Council (FSC) believes Australia's existing mix of taxation is unsustainable with an ageing population and baby boomers moving out of the workforce. Among the FSC's submission to the Tax White Paper are four key proposals including ...

Mandatory qualifications will lead to adviser exodus

ALEX BURKE  |  WEDNESDAY, 27 MAY 2015
... and 20% of the IFAs. Different market, sure, but similar changes." Tynan said he feared for the "old and bold" - the Baby Boomer planners - who wouldn't meet the requirements for an authorised representative licence, because they "hadn't done an exam ...

Retirement income sector keeps pace with population changes

ALEX BURKE  |  MONDAY, 27 APR 2015
... as their highest or second-highest priority for retiree clients. "Planner expectations reflect Australia's ageing Baby Boomer generation," said Investment Trends senior analyst Recep Peker. "Over the next 25 years the number of Australians aged 65 and ...

Challenger retail annuity sales up 8%, profit down

LAURA MILLAN  |  TUESDAY, 17 FEB 2015
Challenger annuity sales were up 8% during the first half of the 2014-2015 financial year, but net profit after tax was down, the half year report showed. Annuity sales reached $2.1 billion, of which $1.6 billion were retail annuity sales, up 8% since ...

Baby boomers should be wary of generic advice

ALEX BURKE  |  TUESDAY, 3 FEB 2015
The average baby boomer's financial plan is too generic and risky due to overexposure to growth assets, a Centre for International Finance and Regulation (CIFR) study has found. The CIFR study examined common Australian financial advice methods to determine ...

Baby boomers in the dark on super: SCT

AAP  |  THURSDAY, 23 OCT 2014
According to the Superannuation Complaints Tribunal there are basically two types of unhappy baby boomers. The first are the ones that are incredibly aware of super. However, the other and bigger group know absolutely nothing about it, according to ...

FEATURE: Quenching the thirst for income

MARK SMITH  |  FRIDAY, 26 SEP 2014
Low economic growth and wavering investment confidence in the wake of the global financial crisis has turned a stampede of investors onto the portfolio boosting benefits of income-paying investments. But understanding the many options available can ...

Young Australians clueless about life insurance

JAMES FERNYHOUGH  |  WEDNESDAY, 17 SEP 2014
One in five younger Australians knows nothing about his or her life insurance through superannuation, a new report commissioned by the Association of Superannuation Funds of Australia (ASFA) has found. Overall the report found 40% of Australians had ...