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Showing 191 - 200 of 294 results for "Baby Boomers"

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 ...

Generations split on what causes sleepless nights

MARK STORY  |  WEDNESDAY, 8 AUG 2012
... (15%). However, the biggest financial nightmare experienced by Gen Xs was not being able to pay the mortgage (16%). Baby Boomers, on the other hand, felt that not having enough money to retire on (34%) and losing their life savings (21%) was more likely ...

Talkin' bout my generation

LINDA HAUSKEN  |  TUESDAY, 7 AUG 2012
... right educational or career background. "Gen X advisers score high on education but aren't quite as natural as the Baby Boomers when it comes to working or empathising with their clients," he said. Combine the best of both worlds and you've got an adviser ...

Gen Y leans away from SMSF cash holdings

MELANIE TIMBRELL  |  TUESDAY, 24 JUL 2012
... financial advice, despite a willingness to pay for advice if it comes with a perceived time saving, the report said. Baby Boomers and those in retirement are predictably the most likely age brackets to seek advice. In terms of asset allocations, while ...

Gen Y's more financially independent

LINDA HAUSKEN  |  THURSDAY, 28 JUN 2012
At a time when Baby Boomers are suffering a sharemarket hammering, fewer GenY children now expect financial assistance with the purchase of their first home than in previous years, according to RaboDirect. According to the latest RaboDirect National ...

OnePath upgrades insurance offering

LINDA HAUSKEN  |  FRIDAY, 11 MAY 2012
... time consuming claims processes" There are three segments that has been the main focus and they include blue collar, baby boomers and high net worth clients, said Kerr. "Understanding these segments has been a huge motivator for how we have underlined ...

Longevity forcing industry to adapt to thrive

BEN COLLINS  |  TUESDAY, 1 MAY 2012
... super funds, investment managers, insurers and other financial product providers. The paper warns that Australia's Baby Boomers have already started retiring and will do so in force over the coming decade - moving a huge proportion of retirement savings ...

Super potential underrated by Aussies

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Baby Boomers rate financial independence as costing $750,000 and wish to retire early but do not see their superannuation as the answer, reflecting a change in sentiment. In a new study assessing attitudes to individual financial health, Baby Boomers ...