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Showing 241 - 250 of 1946 results for "Generation"

HNWIs set to increase real estate exposure

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... found that the top objective for investing in property was growth and capital appreciation (48%), followed by income generation (21%) and wealth preservation (21%). In terms of portfolios, some 70% of real estate investment is domestic, with the most ...

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... lightly. This is a technology that, if used correctly, respectfully and thoughtfully, would help our children and the next generation understand ideas and concepts faster, better, in a more tailored way," Kollo said. Financial Standard is the official ...

GDG sees profits soar $74m

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
Generation Development Group (GDG) saw net profit after tax jump to $78.9 million in the half year to December 31, up from $4.4 million in the prior corresponding period. The massive jump in profit comes after GDG completed its acquisition of Lonsec ...

Family office CIO joins Heritvest

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
A long-serving investment professional has been appointed to the top investment job at Heritvest Family Office. George Nassios will report to Will Zhang, chief executive of Heritvest, a multi-family office service provider with a regional presence. ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Northern Trust has been selected to provide global custody and valuation reporting services for Generation Life. With the new remit, Northern Trust will provide support to $1.5 billion ( as of 31 January 2025 ) of Generation Life's portfolio assets ...

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
... course of their retirement, as well as support direct member choice through the provision of tools, such as personas. Generation Life general manager of retirement solutions Patrick Clarke welcomed the introduction of the draft voluntary best practice ...

AZ NGA positions for growth with key appointment

JAMIE WILLIAMSON  |  MONDAY, 24 FEB 2025
Former Fitzpatricks Financial Group chief executive Jodie Blackledge is joining the leadership team of AZ Next Generation Advisory (AZ NGA). Blackledge has been appointed group chief financial officer at AZ NGA, reporting to group chief executive Paul ...

SMSF sector continues to grow

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
... year-on-year. The report found this was mostly driven by male millennials. By contrast, there was a year-on-year decline in new Generation X female SMSF accounts. On the self-directed side, Generation X increased its share of new accounts year-on-year ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... AustralianSuper also called for a shake-up of foreign income tax offset rules, noting that foreign investment and the generation of foreign income is likely to "grow exponentially." "The rules in relation to the taxation of foreign income are complex. ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
Generation X and Millennials collectively drove about 85% of new self-managed superannuation fund (SMSF) establishments for the six months to 31 December 2024, according to a new report from Class. The total value of the net assets administered on Class ...