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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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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