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Showing 251 - 260 of 789 results for "Younger"

Raiz rolls out SMSF functionality

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
... 2021, despite the annual rate of establishment at decade lows. According to the research, SMSFs trustees are also getting younger, with the average age falling from 48 to 46 years old. Players like Raiz getting into the SMSF market certainly makes sense ...

Colonial First State reports 22.4% in super returns

KANIKA SOOD  |  TUESDAY, 13 JUL 2021
... contributed 3.6% in alpha to the FY21 returns. Tully said while CFS wants to maintain its high allocation to growth assets for younger members (for example, 1980s lifestage has 91% allocated to growth assets and 9% to defensive assets), it is reducing ...

FS Power50 nominations open

ELIZABETH MCARTHUR  |  TUESDAY, 6 JUL 2021
... advisers with strong social media followings, those known among their peers and the industry as role models or mentors to younger advisers or activists fighting for better financial outcomes for Australians. Only financial advisers registered on ASIC's ...

Inheritance not expected: Research

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
New research from the University of South Australia has revealed that the younger generation wants their parents to enjoy their retirement, and they don't feel owed an inheritance. It turns out, the younger generation are not particularly money hungry ...

SG rise to benefit 6.7m Australians: ISA

KANIKA SOOD  |  FRIDAY, 2 JUL 2021
The new superannuation guarantee rate of 10% will benefit 6.7 million workers, with the younger and lower-income Australians to benefit the most, according to Industry Super Australia. ISA says the average worker will contribute $233 a year extra to ...

Millennials to reap super reform rewards

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... research shows. Colonial First State general manager Kelly Power said the boost to retirement balances is greatest for younger workers due to the power of compounded returns. "This is particularly true for those who withdrew their super early last year ...

Pandemic delays retirement plans

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... harsh realities - such as the widening financial gap between high- and low-income earners, and the increased likelihood of younger people and minorities dipping into their savings during uncertain times. "Sixty-three percent of Black/African Americans ...

Aware Super eyes IFAs, hires lead

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
... Gribble said. The $145 billion super fund with over one million members recently updated lifecycle options, resulting in younger members defaulting into high-growth investment options who will gradually transition into conservative options as they near ...

Poor financial literacy failing young workers

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
... guidance," Findex chief financial officer said Matt Games said. "While there are some encouraging signs in the data that younger Australians are financially savvy, there are also some real areas for concern. While half of young Australians feel in control ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... Superannuation Funds, Taylor Fry principal actuary Hugh Miller explained the gap in wealth between the older age group and the younger age group is widening. "The long-term trend is towards greater intergenerational inequity," he said. "It is driven ...