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Showing 191 - 200 of 348 results for "Baby Boomer"

Advice industry under-prepared for younger client base

MARK SMITH  |  FRIDAY, 7 MAR 2014
The professional advice industry is facing a seismic demographic shift that it is ill-prepared for, according to the chief executive of Pershing Advisor Solutions, Mark Tibergien. "The industry is fundamentally built on baby boomers but there is a demographic ...

Gen Ys engaged with life insurance

LAURA MILLAN  |  MONDAY, 17 FEB 2014
Young Australians appear to be engaged with the importance of insurance, as new research reveals that with 48% of GenYs do not use outside influences when making a decision about their life insurance policy. A TAL survey found that 39% of Australians ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The Actuaries Institute has called for profound change to the regulation of the retirement phase of superannuation, including changing the rules around lumps sum withdrawals and removing impediments to older people who want to continue working. In its ...

The AFA develops social media simulator

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
The Association of Financial Advisers (AFA) has developed a simulator to help advisers determine the best social media strategy for their client base. The simulator is an interactive tool developed using the 'Connecting with Client' report from August ...

Westpac trumpets infrastructure's 'annuity style' potential

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
Increased investment in infrastructure by superannuation funds would provide retirees with a much-needed "annuity-style" income stream, according to Westpac Group. In a submission to the Productivity Commission's Public Infrastructure Inquiry, the bank ...

Advisers risk losing clients, fail to target new ones

LAURA MILLAN  |  TUESDAY, 10 DEC 2013
Financial planners are at risk of losing their 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 ...

Advisers, get ready to manage the baby boomer wave

LAURA MILLAN  |  WEDNESDAY, 23 OCT 2013
... it matters when they turn 65 because they will be having different needs," he said. Salt explained that "the first baby boomer turned 65 in 2011" and added that the number of baby boomers entering retirement is expected to grow significantly over the ...

Tailor advice to each generation: research

LAURA MILLAN  |  TUESDAY, 15 OCT 2013
Advisers should tailor their communication strategies to suit the needs of each generation, but in the age of internet, face to face meetings are still the clients' preferred system to communicate with advisers. An AFA white paper revealed that, while ...

70 pct retirees see advisers

LAURA MILLAN  |  TUESDAY, 15 OCT 2013
Clients prefer face to face interaction, like long statements of advice, want to receive financial advice and are willing to trust their advisers. The above is not a snapshot of the Aussie market in the 60s, but a portrait of how pre-retirees think ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 23 SEP 2013
In the latest edition of Financial Standard we look at the Australian Securities and Investments 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 ...