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Showing 51 - 60 of 272 results for "Baby Boomers"

Investors deluded on returns

ELIZABETH MCARTHUR  |  FRIDAY, 4 OCT 2019
... 11%. The number is driven up by millennials who have an income expectation of 12.9%. Generation X expects 10.8%, baby boomers expect 9.2% and investors over the age of 71 only expect 7.7%. Schroders chief executive for Australia Chris Durack said he ...

Women don't know their worth: Noble Oak

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... insurance by a staggering $702,000 - more than any other demographic. Meanwhile, men in Generation X (1965-1980) and Baby Boomers (1946-1964) overvalue themselves by $102,000 and $174,000 respectively. By occupation, the industries most likely to have ...

Aussie millionaires are cashed up: Report

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
... report said, as less than one in four (23%) invest in global equities, and only one in 10 hold international bonds. Baby boomers are more likely to invest in cash or Australian equities, while younger investors tend to be more diversified. The report ...

FCA stokes intergenerational wealth debate

HARRISON WORLEY  |  THURSDAY, 23 MAY 2019
... important for its approach to adapt to the "changing needs of the different groups within and between generations". "From Baby Boomers to Generation X to Millennials - everyone's financial needs and circumstances are evolving. It is clear each generation ...

Call for super funds to divest gambling interests

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... Research conducted by the Responsible Investment Association of Australia showed that 86% of millennials and 73% of baby boomers want their super funds to invest in responsible companies and 90% of investors in general believe that fund managers should ...

Financial adviser salaries revealed

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2019
... advisers, Kaizen said millennials are looking for work-life balance and personal development. This is in comparison to baby boomers who search for stability and security in a workplace. Given changes to professional standards and the Financial Adviser ...

AUM growth subdued to 2025: Bloomberg

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... worrying asset managers were the trade wars, Brexit and the changing savings habits of Millennials compared to the Baby Boomers. Over the shorter term, compliance costs are set to increase for 20% of asset managers. While that is hardly surprising given ...

Corporates can help solve retirement issue: BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
... This will have a huge impact on the US$24 trillion global wealth transfer tipped to occur in the coming years from baby boomers to millennials. In closing, Fink referenced a recent move by BlackRock to reduce its global workforce, cutting 500 jobs. "We ...

Aussie investors calm about next 12 months

KANIKA SOOD  |  THURSDAY, 6 DEC 2018
... 1000 Aussie respondents had income of $80,000 a year or less. The largest cohort was millennials (37%), followed by baby boomers (33%), GenX (19%) and older (11%). Australian portfolios have 27% in cash as compared to the least cash-heavy US, where investors ...

Super pool ripe for adviser picking

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
... the group providing the research for ClearView, predicts Australia will need 29,400 advisers by 2022 to cater to Baby Boomers. According to Rainmaker data, as at October 2018 there was 24,889 advisers on ASIC's Financial Adviser Register. With widespread ...