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Showing 41 - 50 of 255 results for "Millennial"

Online investor numbers dip as cost-of-living bites

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
The latest Investment Trends' Australian Online Investing Report has cited cost of living pressures as cause for the decline in online investing this year. Based on a survey of 22,324 investors and traders conducted from April to May, found about 1.28 ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
Russell Investments GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5%. The GoalTracker investment option delivered a 13.5% return for members aged 50 and under, attributed ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
The asset and wealth management industry is set to undergo seismic change in the coming years, according to a new report by PwC. The report, which surveyed 500 asset managers and institutional investors, forecast that 16% of asset and wealth management ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... intergenerational transfer of wealth is picking up pace as Australia nears the end of the Boomer phase and the beginning of the Millennial/Gen Z phase. "Within five years, all Baby Boomers will be eligible for retirement and the Baby Boomer bubble will ...

Australians prioritise financial independence: Research

CASSANDRA BALDINI  |  TUESDAY, 23 MAY 2023
... they received no education while only 11% of Gen Z males said they were in the same boat. On the other hand, 28% of Millennial women missed out compared to 11% of their male counterparts. Despite the discrepancy, 55% of females are working hard to achieve ...

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

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
Despite over 30 years of compulsory Superannuation Guarantee, two-thirds of Australians fear they won't have enough money to last through retirement. A study commissioned by Findex and conducted by YouGov, investigating Australians' readiness for retirement ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
... this phase included cybersecurity, water, fintech, e-commerce, health, data centres, education, cloud commuting, and millennial consumers. Renewables Renewables are growing at a rapid speed, Hannon said, as the cost of to build and operate a source plunged ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... executive Vince Scully recently linked with Devine, Queenie Tan with 117,000 followers, and creator and host of My Millennial Money Glen James. Phil Muscatello, the host of Shares for Beginners, also sits under Life Sherpa's umbrella. "Expanding to collaborate ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... Neuren, at number two and Liontown Resources at number six. "Outside of the millionaire holders, only three of the top millennial stocks are not ETFs," it explained. These stocks are Pilbara Minerals, Core Lithium and Tesla. When it comes to investing ...

Super fund members eye change

ANDREW MCKEAN  |  FRIDAY, 12 MAY 2023
The superannuation industry is witnessing a 13-year peak in members' intention to switch funds, according to the latest Super member engagement report by Investment Trends. The report revealed that this surge in switching intention aligns with a substantial ...