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Showing 1 - 10 of 33 results for "Baby Boomer generation"

Responsible investment key to wealth transfer conversation

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023
... recommend their adviser, which is a great reflection of the relationship that advisers have built with the Baby Boomer generation, and it's an opportunity for advisers to leverage that trusted relationship in that next generation." Of those that ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... 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 living space ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
New research shows young investors are buying and holdings stocks more than their older counterparts, despite the current environment. During the quarter, ending March 31, younger investors were the highest adopters of a buy-and-hold strategy compared ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... funds also hold the largest share of assets under management (AUM) in the pension phase. Meanwhile, as the baby boomer generation reaches retirement age, with over half having reached 65 by 2020, APRA predicts that 3.6 million Australians will retire ...

Women take the lead in private wealth: KPMG

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... chances of leading family offices is increasing. "As we're seeing the transition of wealth from the baby boomer generation on to the next generation, as opposed to say, a century ago, when the wealth would have all gone to the eldest male, we're ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... bonds returns for the future are looking significantly lower, according to Credit Suisse. Since 1950 the Baby Boomer generation would have enjoyed average annualised returns in such a portfolio of 6.4% (7.1% for equities and 3.6% for bonds). But the ...

NowInfinity founders join boutique

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... just completed an exit, I can see the importance for Australian business owners in getting this right. The baby boomer generation represents the largest transfer of wealth in history and getting that right has a critical impact on peoples' live and ...

FIIG calls for taxation, regulatory overhaul

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... relevant and should reflect best practise. However, it will reduce the burden on the commonwealth as the baby boomer generation enters the retirement and drawdown phase of their superannuation portfolios. The submission pointed to the Corporations Act ...

Advice is the business to be in: Salt

HARRISON WORLEY  |  WEDNESDAY, 10 OCT 2018
... their time upon retiring - putting financial advisers in the hot seat to manage not only the wealth of the Baby Boomer generation, but the transfer of that wealth. "The sort of business to be in on the Australian continent would be to manage the wealth ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... Morrison said a Royal Commission was necessary, given the increased demand the sector will experience as the baby boomer generation reaches an age where it will need the system's support. Also speaking at the event, MLC senior technical consultant ...
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