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Showing 81 - 90 of 423 results for "Generations"

Advisers shoulder massive wealth transfer

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... the financial and investment skills to manage, grow, and protect their wealth to ensure the legacy is preserved for generations to follow, she says, noting careful planning, education, and managing potential social tensions are also important. A 1987 ...

HNWIs wealth reaches unprecedented levels

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... wealth but constitute just over 1% of the total HNWI population. It's projected that over the next two decades, ageing generations will transfer more than $80 trillion, spurring demand for both financial services (such as investment management and tax ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... months. BT head of financial literacy and advocacy Bryan Ashenden said with Australians living longer than previous generations, it's important to consider clients' income needs and plan to enjoy an active life for longer. "Clients may be missing out ...

Retiree dilemma: Supporting children or preserving lifestyle?

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... however, are willing to support their children by providing a place to live in the family home, which has led to more generations being crammed under a single roof. This trend is evidenced by Melbourne Institute research, which shows that half of Australians ...

New platform launches for high-net-worth families

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
... vehicles. "The platform also supports improved financial literacy outcomes and engagement with particularly among younger generations and women," Tubman said. "Over the next 20 years we will see an unprecedented amount of wealth being transferred from ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... second child, the increase in superannuation balance would be at least $10,700 in today's dollars, ASFA said. "Future generations of Australian women stand to add thousands to their super balances thanks to this change in policy. This is a crucial and ...

Inflation spooks retirees more than healthcare costs

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... sources. "The challenges facing retirees today are further evidence of the retirement savings crisis. For younger generations with longer time horizons, now is the time to prioritise saving for a brighter future," she said. A survey from Equip Super ...

SMC says 'reckless' plan could cost taxpayers $1tn

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... found. Previous SMC modelling found the policy would simply raise capital city house prices by $75,000 - forcing future generations of young Australians to wait even longer to buy. SMC chief executive Misha Schubert said a growing body of expert evidence ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... Social Security will struggle to meet its full obligations when younger workers retire. "It's no wonder younger generations, Millennials and Gen Z, are so economically anxious. They believe my generation - the Baby Boomers - have focused on their ...

Australia's wealthiest women not getting the advice they need

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... and Baby Boomer business transfers," the research said. "Together with higher divorce rates, especially among older generations, HNW women are often required to navigate wealth management, at times without prior experience or existing relationships with ...