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Showing 11 - 20 of 109 results for "Gen Y"

Clime launches new SMA portfolios

ALLY SELBY  |  FRIDAY, 6 MAR 2020
... time for the whole industry," Bristow said. The shift in advice in the self-directed market has a lot to do with Gen X and Gen Y, Clime argues. "If you think about the amount of wealth that generation is holding; by 2030 they're going to hold about ...

Boomers show healthy ESG appetite

ALLY SELBY  |  TUESDAY, 3 DEC 2019
... (aged 39-54) believe that their superannuation fund should offer a responsible investment option. That's compared to 34% of Gen Y (aged 21-38) respondents. The survey also found that there was considerable interest in impact investing across the demographics ...

Young Aussies backing world's biggest brands

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... nabtrade show young traders entered the market in record numbers in 2018, with the number of Gen Z investors rising by 73% and Gen Y climbing 20%. This, in turn, drove up demand for international shares such as Netflix and Facebook by 30% year on year. ...

Aussies want budget help: MoneySoft

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
... cashflow management were the most valued advice services for young people. According to the research, Gen Z (aged 16-23), Gen Y (24-38) and Gen X (39-53) don't value any form of advice more than cashflow management and budgeting services. The Link Group-backed ...

Half of Australians don't have a will

KANIKA SOOD  |  THURSDAY, 4 OCT 2018
... Finder's survey of 2011 Australians. It also broke down its findings by age: nearly 80% of Baby Boomers have a will, while for Gen Y, the number is only 20%. Generation Z are the most "clueless" with 9% admitting they don't know whether they have a will ...

Aussies want advice, as long as it's cheap: Research

HARRISON WORLEY  |  TUESDAY, 11 SEP 2018
... generations. Interestingly, the two youngest generations seem to hold the most faith in advisers, with more than half of Gen Y (aged 24-38) and Gen Z (16-23) indicating advisers were the most trusted source of financial advice. However, Gen Z were by ...

Young Aussies driving sharemarket

JAMIE WILLIAMSON  |  FRIDAY, 1 SEP 2017
... build wealth. According to new insights from nabtrade, in the 12 months to 31 July 2017, domestic shares held by Gen Z and Gen Y rose more than 68% and 16% respectively - the highest number of domestic holdings held by these demographics that nabtrade ...

Advice key to living the dream

JAMIE WILLIAMSON  |  MONDAY, 21 AUG 2017
... as the number one factor preventing more Australians from 'living the dream', while debt also ranked highly for Gen X and Gen Y respondents. Further, it seems the number one regret of many Australians when it comes to their finances is not saving enough ...

Fintechs must collaborate, not disrupt: Report

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
... have helped banks and traditional institutions maintain their dominant position, but are losing the younger, tech-savvy Gen Y customers to alternative financial services providers, the report said. It suggests fintechs and incumbents are better off collaborating ...

Gen Y leading retirement readiness: research

ALEX BURKE  |  THURSDAY, 15 JUN 2017
... Aussies to take stock of their super and savings to plan for the future," Cronin said. In this respect, Cronin highlighted Gen Y's active engagement with their retirement plans, noting that 40% of Gen Y respondents made voluntary super contributions ...