Charitable foundations not only the preserve of the very wealthy

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While clients may like the idea of setting up a charitable foundation in the name of a loved one, which then makes donations to a charity or good cause forever, they are likely to think that they are the reserve of the very wealthy, and that hundreds of thousands of dollars are needed as a […]

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New research: Gen Y shun online when it comes to buying insurance

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Despite a preference for researching and buying many products and services online, when it comes to insurance for themselves and their business, most Gen Y Business Owners (Gen YBOs) prefer to turn to the guidance of a trusted adviser. In fact, according to research conducted by Cameron Research Group, Gen YBOs are quite dependent on […]

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Have the Baby Boomers become the Baby Gloomers?

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As the first of the Baby Boomers turn 65 this year, RaboDirect has found that of the 4 million or so people in this generation, one in five will retire with an outstanding debt on their homes. Worryingly, of those retiring with a mortgage, over a quarter intend to pay off the loan with their […]

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Global fallout: Parents unable to help ‘kidults’ with first homes

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In the face of tumbling global markets, RaboDirect’s most recent National Savings and Debt Barometer highlights new concerns that are likely to hit many Australians where they live – literally. Despite the hard reality of dwindling superannuation balances and an uncertain market outlook, the survey has found that one in five Baby Boomers are still […]

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Retirement’s two phases creates new service needs

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The needs of baby boomers as they transition to retirement could be taking the financial services sector’s attention away from the needs of another age group increasing in size and importance – elderly retirees, Mr Phil Galagher, head of wealth management at Equity Trustees Limited, suggests. “We have to start thinking in terms of the […]

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Research reveals investor appetite for future innovation, but on new terms

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Improve existing products before creating new Focus on solutions which deliver targeted outcomes Human judgement a key enabler Third party administrators a partner for innovation An annual, independent study released today by CREATE-Research, commissioned by Citi’s Global Transaction Services and Principal Global Investors, finds that while innovation is deemed to have produced mixed results over the […]

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Multiport SMSF Investment Patterns Survey March 2011

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To get a closer insight into where SMSF trustees invest, Multiport regularly undertakes an analysis of our SMSF’s investments to look at the up to date asset allocation and investment trends which have or may be emerging.   The survey covers around 1, 400 SMSF’s that we administer and the investments they held at 31 […]

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Smart phone apps: the next big thing for member engagement

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Growing demand for specialised apps for super, wealth management Specialised smart phone and iPad applications (“apps”) are the next big thing in the financial services industry, according to Rice Warner Actuaries, an actuarial and research company that also creates online and other tools and calculators for use by the financial services industry and its customers. […]

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A five point plan for viable super fund advice services

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Leading member fund shares critical learnings for super industry Australian financial technology firm decimal has encouraged all superannuation fund trustees to think hard about where and how their time, effort and money is spent when expanding in-house financial advice services to members. x Commenting on recent news that a majority of major super funds plan […]

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AXA commences Risk Learning Programme v.3

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AXA Australia has launched the third instalment of its successful Risk Learning Programme to advisers and adviser support staff across the country. X AXA Head of Product and Sales Capacity, Brad Collins said the programme, which commenced in 2009, has become an important part of the education programme for both AXA aligned and nonaligned advisers and their […]

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