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Showing 41 - 50 of 104 results for "Younger generation"

Inheritance not expected: Research

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
New research from the University of South Australia has revealed that the younger generation wants their parents to enjoy their retirement, and they don't feel owed an inheritance. It turns out, the younger generation are not particularly money hungry ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
The children of those in their 40s, 50s, and 60s are likely to be significantly worse off financially than their parents, with the intergenerational wealth gap only widening. Speaking at the Conference of Major Superannuation Funds, Taylor Fry principal ...

How advisers can capture young risk clients

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
... insurance. In conjunction with CoreData, the report outlined several challenges advisers face when catering to the younger generation in regard to taking up life insurance. Many of the issues range from relevance to perceived cost and complexity. Using ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... enjoyed average annualised returns in such a portfolio of 6.4% (7.1% for equities and 3.6% for bonds). But the younger generation, can expect a portfolio with a similar blend to earn just 2% (3% for equities and -0.5% for bonds). "The risk-free rate ...

Imbalance in generational retirement income: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The superannuation system encourages Australians to rely on their own savings to fund retirement but the burden on younger generations to fund the Age Pension should not become unsustainable, the Retirement Income Review has stated. The review noted ...

Fintech to take on super with new hire

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
Stake has announced its plans to take on the super industry to give younger investors a simple, low cost way to have their own self-managed super fund (SMSF), by announcing a new executive hire. Stake announced the appointment of Kris Kitto as head ...

Demand for advice rises

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
... participants, would like to receive intra-fund advice, compared to 70% outside of this group. The key areas the younger generation wants help with include investments outside super, tax strategies and budgeting assistance. "Further, advice via super ...

Consumers trust Google over advisers: NobleOak

ALLY SELBY  |  TUESDAY, 25 FEB 2020
New research by independent life insurer NobleOak has found close to half of all consumers are turning to the internet over advisers for guidance on their financial goals and needs. It points to the digital revolution and fallout from the Royal Commission ...

Bearish sentiment bites Aussie investors

ALLY SELBY  |  THURSDAY, 30 JAN 2020
... investors place greater importance in good corporate governance standards when selecting investments, while the younger generation are more likely to be attracted to companies that demonstrate ethical, social and environmental values." He encouraged ...

Climate crisis tops list of risks for 2020s

ALLY SELBY  |  THURSDAY, 16 JAN 2020
... Zurich Insurance Group, draws on a survey of nearly 800 Forum members, as well as 200 members of the Forum's younger generation community, asked to rank their concerns in terms of likelihood and impact. The report argues the world is waking up to ...