Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 221 - 230 of 348 results for "Baby Boomer"

Lonsec and Milliman challenge current advice model for retirees

LINDA HAUSKEN  |  WEDNESDAY, 31 OCT 2012
Strong catalysts and structural trends have emerged that will fundamentally alter the provision of financial advice to retirees, according to Lonsec and Milliman. In a jointly released whitepaper by the two firms, dubbed 'Herding, Denial and Zeitgeist ...

More young Americans worried about retirement

ALEX DUNNIN  |  MONDAY, 29 OCT 2012
... Today, retirement worries peak among adults in their late 30s - many of whom are the older sons and daughters of the Baby Boomer generation," noted the PRC commentary on the survey findings. The PRC analysis noted that the reason for the heightened fears ...

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
... Super employer function in Sydney last week. He expects the next decade to see the emergence of a new generation of baby boomer retirees who will transform the generation through their lifestyles. Driving the change, adds Salt is longevity. While 40 ...

Generations split on what causes sleepless nights

MARK STORY  |  WEDNESDAY, 8 AUG 2012
Research from superannuation fund Sunsuper revealed that the financial nightmares experienced by different generations reflect where they are at within their respective life stages. But what unites the generations, said Sunsuper's general manager, customer ...

Talkin' bout my generation

LINDA HAUSKEN  |  TUESDAY, 7 AUG 2012
... skills, industry-specific education and strong ethics. The differences between the service offerings of Gen X, Gen Y and Baby Boomer advisers was raised at the session that tackled the question of "advice as a profession" at a recent Financial Services ...

40% of super funds gone by 2020:CoreData

BEN COLLINS  |  TUESDAY, 7 AUG 2012
... transformational change confronting the industry between now and 2020 is the shift from accumulation to decumulation of the Baby Boomer generation," she said. "The battle for growth will be focused around post-retirement innovation and products and services ...

Retirement income the big challenge

MELANIE TIMBRELL  |  MONDAY, 6 AUG 2012
... recent annual review, 16% of the membership of Australian super funds now holds 31% of the assets, representing the baby boomer generation about to hit retirement. As a result there is now a huge challenge about where to invest in retirement, McFarlane ...

Gen Y leans away from SMSF cash holdings

MELANIE TIMBRELL  |  TUESDAY, 24 JUL 2012
Generation Y has been the most active in terms of changing their SMSF asset allocations in the past 12 months, favouring a higher portion of their portfolio in equities with lower cash balances. That's one of the findings of The SMSF Generations Report ...

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 ...