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Showing 181 - 190 of 294 results for "Baby Boomers"

Superannuation to wield $6tr muscle by 2030

LAURA MILLAN  |  TUESDAY, 26 MAR 2013
... two," said Sherry. Frontier Advisors managing director Fiona Trafford-Walker reminded the audience that the amount of baby boomers in retirement will generate a need for new products to manage longevity risk. "Sales of caravans will probably dive because ...

GFC derails wealth fee growth by $30bn

LAURA MILLAN  |  MONDAY, 25 MAR 2013
... wave of product design and breed of fund managers will be dictated by an issue far bigger than the GFC. "The army of baby boomers moving towards retirement age and out of the workforce will further fuel this secular shift within the economy and its patterns," ...

Annuities boost Challenger growth

LAURA MILLAN  |  THURSDAY, 28 FEB 2013
... morning. This includes growth of $1.06 billion in retail sales and $921 million in institutional sales. The wave of Baby Boomers coming into retirement, retirees' preference for secure and guaranteed income investments, such as lifetime annuity products ...

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 ...