Not so super: Baby Boomers’ retirement reality

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Not having sufficient funds for retirement is a cause for alarm among Baby Boomers in Australia with more than half expecting to run out of money after retiring. According to the latest RaboDirect National Savings and Debt Barometer, Baby Boomers expect to retire with $400,000 in superannuation – which is half of what they think […]

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New research showing the growing opportunity for planners who can adapt to the needs of the SMSF market

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The Vanguard/Investment Trends Self Managed Super Fund Planner Report – which examines how Australian financial planners interact with SMSF investors – was released last week. The survey shows that SMSFs are an irrefutable growth opportunity for advisers – particularly those that specialise in this area. While SMSFs account for 19 per cent of planners’ funds […]

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How well-off will your children be?

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A quarter of Australians (26%) expect their children to be high income earners when they reach their 40s. Two-thirds (66%) expect their children to be middle income earners, found the Wealth Perception Survey undertaken by Fidelity Worldwide Investment and the Nielsen Company. This was less than parents in India (76%), China (48%) and Singapore (38%); […]

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Research reveals investor appetite for dynamic approach to managing volatility

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An annual, independent study released today by CREATE-Research, commissioned by Principal Global Investors, identifies investor appetite for a more dynamic approach to managing volatility and asset allocation, with 78% of survey respondents agreeing that markets are in an era of prolonged turbulence. The report, entitled Market Volatility: Friend or Foe, provides a view of the […]

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Advisers seek to preserve capital but see no magic bullets for investor returns

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Independent superannuation and investment platform provider Wealthtrac, has said that a recent survey of its member advisers found that the gross majority had changed their clients’ asset allocation in the past 12 months.  However, the advisers surveyed understand that success in current markets will be as a result of smart portfolio management, rather than reliance […]

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Planners’ satisfaction with platforms reach the highest level recorded

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Satisfaction with platforms reached the highest level recorded in the nine years of this study’s history, according to a new report released in April from leading wealth researcher Investment Trends. The April 2012 Planner Technology Report is an in-depth study of Australian financial planners and their technology needs. The study is based on a survey […]

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New research reveals discrimination against older workers

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The Financial Services Council has today released research which shows older workers are being discriminated against in the workforce at a time when they are finding it hard to build the superannuation they need for retirement. Conducted by Westfield Wright for the Financial Services Council, the study found almost three in 10 (28 per cent) […]

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Retirees caught in generation squeeze

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Many retiring baby boomers are facing a generation squeeze where they still have elderly parents to worry about as well as children who are financially dependent on them, says Mr Phil Galagher, head of wealth management at Equity Trustees Limited.  “Social changes in the last couple of decades mean that retiring baby boomers may end […]

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AMP: emphasis on spouse’s finances the key barrier to women seeking financial advice

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The latest AMP Planner Protection Poll has found that 41.8 per cent of financial planners polled believe the primary barrier to women seeking advice is the emphasis placed on their partner or spouse’s finances. A further 14.8 per cent of planners cited low awareness of products and services as the primary barrier to women seeking […]

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How Australians spend their time

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Balancing work and family remains a big issue for Australian men and women, with around 40% of women and 30% of men feeling often or always rushed or pressed for time, according to a new report. But when it comes to how men and women spend their day, the report finds that there are some […]

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