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Search ResultsShowing 1 - 10 of 100+ results for "Baby Boomers"
Millennials jump on COVID-19 volatility
ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... investing as a consequence of COVID-19 compared to 28% of the older cohort. The study also found that Australian baby boomers (aged 66-70), were the most bearish of all groups, with 100% refraining from making any new investments. Calastone, managing ...
ESG investing to remain strong through pandemic
HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... millennials in the US have chosen a job because of the employers' sustainability performance, as opposed to 17% of baby boomers, and added that COVID-19 had "put a spotlight" on corporate culture, behaviour, the treatment of employees and the resilience ...
Time for financials to step up: Study
ALLY SELBY  |  THURSDAY, 26 MAR 2020
... pack, saying they would invest more if they knew their money would make a difference. In comparison, only 31% of Baby Boomers said they would do the same. RIAA identified 12 Australian super funds that it believes demonstrate a comprehensive approach ...
Consumers trust Google over advisers: NobleOak
ALLY SELBY  |  TUESDAY, 25 FEB 2020
... need to communicate the value benefits of Life Insurance to consumers," NobleOak said. The research also found that Baby Boomers were the least prepared demographic, with only 36% having a life insurance product. Meantime, 30-34 year olds were the most ...
Costs spiral for baby boomers
ALLY SELBY  |  TUESDAY, 18 FEB 2020
Aussie retirees will have to fork out an extra $1292 a year to live comfortably, and they have the drought and rising house prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter ...
Retirement funding system failing: Report
ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... support retirees for 20-30 years of life beyond work," the report said. "Superannuation came in too late for most baby boomers; accordingly, the median account is $200,000 at retirement (less for women), which provides income for around 10-15 years." ...
Millennials not attracted to property
ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
... popular belief, those born in 1970 (Generation X) have experienced a similar return from housing as those born in 1960 (Baby Boomers) as they approach the age of 50," Doyle said. Millennials on the other hand, have reason to sulk. "For those born in ...
Bank of Mum and Dad forking out serious dosh
ALLY SELBY  |  TUESDAY, 14 JAN 2020
... deposit, according to retirement funding provider Household Capital's chief executive Josh Funder. "For a lot of Baby Boomers they enjoy such great longevity that their children don't get to enjoy their wealth until they are old themselves," ...
Aussies unprepared for wealth transfer
ALLY SELBY  |  MONDAY, 9 DEC 2019
... manager of private clients Andrew Baker said we are facing the largest "intergenerational wealth transfer" in history. "Baby boomers were fortunate enough to experience a period of supercharged wealth accumulation which has resulted in a stark contrast ...
Boomers show healthy ESG appetite
ALLY SELBY  |  TUESDAY, 3 DEC 2019
... the radar for savvy millennials, but new research has revealed it could also be the secret ingredient to tempting Baby Boomers into engaging with their super. The research, coming out of global asset management firm Franklin Templeton, found that 44% ...
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