Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 171 results for "millennials"

Finfluencers ensnare female Millennials

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
The growing finfluencer phenomenon is capturing female Millennials who turn to social media for financial advice and education. Analysis by marketing platform HypeAuditor reveals that more than half (57%) of female finfluencers' following are young ...

Millennials to reap super reform rewards

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
Planned superannuation reforms could net millennials $650,000 extra in retirement, according to Colonial First State. Analysis from the institution shows increases to the superannuation guarantee will boost a 35-year-old's super balance by $86,000. ...

Pandemic delays retirement plans

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
... aged 35 and over. "The great recession shaped and continues to shape the financial literacy and behavior of Gen X and Millennials more than a decade later. The COVID-19 pandemic and resulting economic impact will have a similar lasting influence," Poolman ...

Goodments by Douugh now in Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... of Vanguard, BlackRock and ARK Invest. The company's target market for the Australian launch is young people - Millennials and Gen Z - who it says are looking to the share market due to low interests rates for savings accounts and an expensive property ...

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... to follow the money back to the taxpayer." The warning comes following research from Vanguard which showed 20% of millennials are choosing to invest in cryptocurrencies.

What Gen Z think about investing

ELIZABETH MCARTHUR  |  TUESDAY, 25 MAY 2021
... all respondents across all generations reported making their first investment in 2020 and another quarter in 2021. Millennials are more likely than Gen Z to invest in cryptocurrencies, with 20% of millennials investing in crypto versus 15% of Gen Z. ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... an element of bad luck for younger generations, every generation has their struggles," she said. "This bad luck of millennials and generation Z is being compounded by a series of policy decisions made by successive governments." She argued that this ...

How advisers can capture young risk clients

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
... life insurance using new strategies. Integrity Life's The fight for future markets report upends the notion that Millennials completely oppose adopting professional financial advice and insurance. In conjunction with CoreData, the report outlined ...

Not-so-Zuper: Super disruptor folds

JAMIE WILLIAMSON  |  MONDAY, 22 MAR 2021
Having failed to reach sufficient scale, the millennial superannuation fund will close its doors next month. Closed to new members as of March 10, existing Zuper members have now received word that the offering will cease to exist from April 30 - just ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... (699k) and Hostplus (668k) make up the top five funds with the highest number of female members. Women make up 50% of millennials yet own just 42% of the super millennials have accumulated; women comprise 53% of retirees yet own just 44% of all the superannuation ...