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Showing 51 - 60 of 500 results for "Baby"

Advised Aussies more financially confident: Research

KARREN VERGARA  |  FRIDAY, 6 OCT 2023
... already have or are likely to come into an inheritance or major financial support," the Value of advice report shows. "With the Baby Boomers reaching old age, the world is on the cusp of an unprecedented wealth transfer between the generations. The next ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
... Australians contributed the most of their disposable income towards investing (a 19.9% average amongst Gen Z) compared to their Baby Boomer counterparts (10.9%). In taking a more conservative investing approach, investors have shown increased interest ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... (52.7%) and Millennials aged 27 to 41 (23.7%) collectively drove 76.4% of new fund establishments in the 2023 financial year. Baby Boomers, aged 57 to 71, account for 21.3% of establishments. Citing ATO data, the median age of members for all newly established ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... catering for the 55-plus cohort who will represent about 31% of our national population by 2030," Misev said. "Australia's Baby Boomer generation is wealthier than previous generations and combined with the strong demographic tailwinds makes the retirement ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
... of an ageing population." In a statement, Household Capital noted demographers have indicated that more than five million baby boomers face the prospect of inadequate superannuation balances due to increasing life expectancies. The median household superannuation ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... challenges. The urgency to 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 ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
As Baby Boomers exit the workforce, all wealth industry participants need to rise to the challenges and opportunities presented by the great intergenerational wealth transfer, AUSIEX chief executive Patrick Salis says. According to AUSIEX's latest research ...

Australians prioritise financial independence: Research

CASSANDRA BALDINI  |  TUESDAY, 23 MAY 2023
... 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 was number one. According to the data, younger Australians are more ...

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

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... a concerning trend; as Australians approach retirement, their confidence in having adequate funds drops. 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 ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... the quarter, ending March 31, younger investors were the highest 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 ...