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Showing 1 - 10 of 236 results for "millennial"

'Alarming' figure in retirement research

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
Only a third (32%) of Australians believe they would be able to save for their retirement without compulsory superannuation, according to a new survey from AustralianSuper. A third of Millennials (33%) and Gen X'ers (32%), as well as nearly one-in-five ...

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
Super funds are falling short of millennial members' expectations, according to financial experts at an ASIC roundtable. The roundtable panellists, which included financial adviser Andrew Dunbar, She's on the Money podcast host Victoria Devine ...

Financial services experiencing 'workforce transformation'

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
... Group. The whitepaper, Adapting to a Changing Workforce, said organisations are adapting to emerging leaders from the millennial generation with a focus on the opportunities they bring and the challenges they faced during COVID. "The industry's workforce ...

Young, bullish online investors drive trading: Survey

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
Online investors are getting younger and bet heavily on global stocks, helping fuel the share market to record highs, according to a new survey. The latest Investment Trends Online Investing Report finds that Zoomers (18- to 24-year-olds) and Millennials ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... mobility in Australia, found that 67% of the so-called 'Xennial' generation - those born in 1976-1982, on the cusp of the Millennial/Gen X divide - earned more than their parents did at a similar age. "In Australia, a 10 percentile rise in a parent's ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
Innova Asset Management has entered the super and housing debate, saying allowing the use of leverage in superannuation it could help younger Australians who are locked out of the property market build wealth. Innova said millennials are firmly locked ...

Retiree dilemma: Supporting children or preserving lifestyle?

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
AMP research has revealed that four in five Australians aged 65 and over believe their children face similar or harder challenges than they did amid the cost-of-living crisis. AMP found 70% of retirees, while wanting to support their children, are mostly ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
The Australian Securities and Investments Commission (ASIC) released new research which sheds light on the financial hardship faced by Australians. The research found that 47% of Australian adults with debt, the equivalent of 5.8 million people, have ...

New platform launches for high-net-worth families

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
A new platform has launched in Australia today for high-net-worth families, to assist them in organising intergenerational wealth transfers. HeirWealth is a family wealth platform that aims to address challenges that individuals, families and professional ...

Super funds to solve the housing crisis?

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said at the Australian Shareholders' Association Conference yesterday that addressing the supply side of the housing crisis requires an infusion of private capital. ...
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