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Showing 531 - 540 of 1975 results for "Generation"

Women take the lead in private wealth: KPMG

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... chances of leading family offices is increasing. "As we're seeing the transition of wealth from the baby boomer generation on to the next generation, as opposed to say, a century ago, when the wealth would have all gone to the eldest male, we're ...

ASIC issues more interim stop orders

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... watchdog was concerned the TMD inappropriately included investors whose objective was to preserve capital and income generation or hedging which it felt was "inconsistent" with the product. It was also concerned that the TMD included knowledge and experience ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
Inflation is eroding retirees' purchasing power, posing a significant risk to their financial stability. With CPI now at 7.8% as of the December quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their ...

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... government has proposed doubling the concessional tax rate for super balances over $3 million from 15% to 30%. As such, Generation Life chief executive Grant Hackett says investors may want to consider investment bonds as a tax-efficient alternative. ...

Unindexed cap forecast to impact 500k people

CASSANDRA BALDINI  |  FRIDAY, 3 MAR 2023
... unindexed cap." Briggs added caps in the superannuation system are indexed to ensure generational fairness so that each generation gets the same outcomes and benefits from the superannuation system. The modelling revealed a 25-year-old IT professional ...

What "wealthy" means to Australians: AMP

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
Australians' definition of wealth has evolved from homeownership to financial flexibility for pursuing passions and supporting loved ones. According to a report by AMP and demographer Bernard Salt ' What wealthy means to Australians in 2023 ...

The super investments driving future economic growth

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... decarbonised economy will require significant investments in energy infrastructure, particularly in renewable electricity generation and the production of "green" fuels. Currently, direct super fund investments in large-scale renewable electricity generation ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
The government has released a draft objective for superannuation to deliver sustainable retirement income. The proposed objective, which is open for consultation, is to preserve savings to deliver income for a dignified retirement, with government support ...

Allianz Retire+ launches new retirement income solution

CASSANDRA BALDINI  |  MONDAY, 20 FEB 2023
... of retirement planning for advisers. Allianz Guaranteed Income for Life (AGILE), available in early March, is a next-generation retirement solution delivering a guaranteed income for life. The solution provides full advice platform integration opportunities ...

Women the future of advice: Netwealth

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... and Y women (under 42) were engaged compared to 34% of Baby Boomers. Although this cohort is no longer the youngest generation (28-42 years old) the report said they will represent the largest part of the workforce (75%) by 2025. The data further revealed ...