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Showing 11 - 20 of 171 results for "Millennials"

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
... needs. In a related development, Elevate Super, which launched in 2020 with a sustainable investment focus targeted at millennials, will transition to Russell Investments Master Trust sub-plan, iQ Super. Notably, Elevate Super's fee structure had ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... get the customer proposition right will be heightened by an impending mass transfer of wealth from baby boomers to millennials. Concerns over inflation, market volatility, and interest rate movements are highlighted as major issues for both investors ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... industry does not escape this change. A 2017 study by the Financial Services Council also found that even though 70% of Millennials had a superannuation account, they are uninterested and unengaged with it." Changing demographics and culture will see ...

Australians prioritise financial independence: Research

CASSANDRA BALDINI  |  TUESDAY, 23 MAY 2023
... assessed generational pursuits, finding 63% of Gen Z respondents remained focused on becoming homeowners while 54% of Millennials prioritised a good work-life balance overall. When it came to Gen X and Baby Boomers, both cohorts said financial independence ...

'Kick down the road' mentality fuels retirement insecurity: Study

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... Over half of the Baby Boomers and 38% of Gen X participants reported a lack of confidence, compared to just 31% of Millennials. Findex co-chief executive Matt Games said: "This paints the picture that most Aussies have adopted a 'kick it down the road' ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... adopters of a buy-and-hold strategy compared to Gen X and Baby Boomer generations, Openmarkets found. "In Q1 2023, millennials and Gen Z executed the lowest number of trades, with 64% of these being buys. Despite the buy-and hold mentality, younger investors ...

Super fund members eye change

ANDREW MCKEAN  |  FRIDAY, 12 MAY 2023
... opportunity for funds to build and maintain the trust of their member base." The research also identified Zoomers and Millennials as key groups seeking specific information from their super funds and expressing preferences for its delivery to consume ...

Digitisation, personalisation key for advice firms: BlackRock

CHLOE WALKER  |  WEDNESDAY, 3 MAY 2023
... However, with the huge intergenerational wealth transfer about to take place, the bulk of which is expected go to millennials, the face of the client is changing," he acknowledged. "Millennials have different goals and different objectives, they'll ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... transfer to Russell Investments' Master Trust sub-plan iQ Super. Elevate Super was launched in January 2020, marketed to millennials with a focus on sustainable investing. However, Rainmaker Information analysis of its product fees and total expense ...

Aussies not bothered by volatile markets: State Street

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
... compared to other investments, compared to 34% of respondents in Australia," Victor said. Victor added that globally, Millennials have the most positive attitude about ETFs. "Four out of five Millennials indicate ETFs have improved the overall performance ...