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Showing 181 - 190 of 291 results for "Baby Boomers"

Guardian Advice unveils mentoring and equity partnership program

LAURA MILLAN  |  THURSDAY, 28 FEB 2013
... retire by buying their books of clients, splitting them and giving younger advisers new clients to work with. "Lots of Baby Boomers are ready to retire and they have been successful over the years, but because of that, GenX and GenY advisers can't access ...

Peer-to-peer portfolio benchmarking gains appeal

LAURA MILLAN  |  FRIDAY, 22 FEB 2013
A start-up online investment community designed initially for Baby Boomers has won a surprising number of GenX and GenY clients, suggesting a broader market of investors keen to swap their investment know-how online. Melbourne-based SelfWealth is an ...

Most DIY funds won't change allocations in retirement

BEN COLLINS  |  WEDNESDAY, 13 FEB 2013
... a challenge and an opportunity for Australia's financial planners, especially with Australia's five million-plus Baby Boomers fast approaching retirement. He said that this was especially important, as the report had also revealed that trustees were ...

Baby boomers stagger blindfold into retirement: REST

MARK STORY  |  TUESDAY, 22 JAN 2013
A whopping 86% of Australia's 5.5 million baby boomers are, in varying degrees, financially under-prepared for retirement, according to research release by industry super heavyweight REST Industry Super today. Dubbed The Journey Begins, the REST-commissioned ...

Lifecycle not the answer: Rice Warner

BEN COLLINS  |  TUESDAY, 27 NOV 2012
... "This greatly assists Trustees in meeting their obligations to members especially with regard to the first wave of Baby Boomers now entering retirement," he said. While some of the problems with Lifecycle funds are real, the benefits are also not understood ...

Aging SMSF trustees revert to managed solutions

MARK SMITH  |  TUESDAY, 27 NOV 2012
... running SMSFs, the sector is the fastest growing corner of the superannuation fund industry but with some 5.5 million baby boomers approaching retirement, Proebstl believes many will cross back the other way. "Given the growing number of do-it-yourself ...

Gen-Y teach old dogs new investment tricks: RaboDirect

BEN COLLINS  |  FRIDAY, 2 NOV 2012
... making the most of their savings, with 44% using a high interest savings account, compared to 37% of Gen X and 38% of Baby Boomers. This generation is also better at managing their money with 69% having a preference for budgeting, compared to 64% of ...

Lonsec and Milliman challenge current advice model for retirees

LINDA HAUSKEN  |  WEDNESDAY, 31 OCT 2012
... Opportunity?', they contend that the current financial advice model serving retirees is suboptimal. The whitepaper argues as baby boomers enter retirement, their needs and objectives inherently change, as do the risks they face. Meanwhile, their purchasing ...

Aust super system failing retirees

LINDA HAUSKEN  |  WEDNESDAY, 3 OCT 2012
Australia is headed for a retirement savings disaster, with increasing numbers of baby boomers resorting to the aged pension after spending their entire superannuation to pay off debt, a CPA Australia study has shown. In light of the new study findings ...

Enduring baby boomers redefine retirement

ALEX DUNNIN  |  MONDAY, 24 SEP 2012
Demographic and societal forces at work among retirees in Australia over the next decade will transform the concept of retirement, with huge implications for industries that service them such as super funds and financial advisers. These were the observations ...