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Showing 11 - 20 of 95 results for "Inheritance"

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... right tools and knowledge to impact tax as salary or income increases, or how to invest a lump sum received as an inheritance," he said. "It's almost impossible to do this without the help of a trusted financial adviser." Rising Tide senior financial ...

EBC expands local offerings to HNWIs, instos

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... and instos, helping them address complex cross-asset and cross-border investments, including tax optimisation and inheritance. EBC flagged it is also looking to launch custodial services in Australia. EBC country head of Australia Kris Wang said: "As ...

Australians urged to consider bequests amid $5.4tn wealth transfer

MATTHEW WAI  |  THURSDAY, 8 AUG 2024
... JBWere's The Bequest Report found that only $1.3 billion, which is equivalent to 1% of the estimated $150 billion in inheritance, will be donated to charity this year. This compares to 1% ($229m) in New Zealand, 3.7% ($7.6bn) in the UK, and 4.4% ...

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... Australians aged 60+ in the next two decades, with 90% of all intergenerational wealth transfers are occurring through death inheritance. "This latest research reveals an interesting dynamic within families, including a lack of communication between ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... become the collateral damage to rising property prices. Many younger people who can't rely on parental wealth or an inheritance have been effectively locked out of the property market, without the funds to be able to afford a deposit for a home or ...

Advisers shoulder massive wealth transfer

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... trillion, according to new estimates, as recipients are largely financial illiterate and ill-prepared in managing their inheritance. The $3.5 trillion Australians will inherit by 2050, according to the Productivity Commission, is more likely to be $4.9 ...

SMSFs' use of advisers plummets: Research

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
... without advisers, say they need help with tax and retirement strategies. They want advice on SMSF pension strategies, inheritance and estate planning, tax planning, and changes in regulations. "These findings continue to signal the opportunities that ...

Australia's wealthiest women not getting the advice they need

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... history. Not only will Baby Boomer families pass on money, but it is projected that for at least two decades post inheritance women will oversee the family finances as they outlive their partners.

Billionaires of all ages watching AI: Research

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
... "This year's report found that the majority of billionaires that accumulated wealth in the last year, did so through inheritance as opposed to entrepreneurship," UBS Global Wealth Management head of strategic clients Benjamin Cavalli said. "Engineering ...

Fidelity finds key barriers in Australian estate planning

ANDREW MCKEAN  |  WEDNESDAY, 18 OCT 2023
... in leaving a financial legacy is navigating family dynamics, a challenge fraught with complexities such as fears of inheritance disputes, disagreements over asset distribution, varying interpretations of wills or legacy plans, and the potential for family ...