Tailored and trusted advice key to supporting the millennial generation

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Australia is on the precipice of a $3.5 trillion intergenerational wealth transfer. Industry research estimates it equates to some $320,000 per recipient. Yet, in the lead up to this significant transfer, we know that many are unprepared. In fact, research by Roy Morgan revealed that only 7.4 per cent of millennials have used any type of wealth management

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Australian Unity launches Future of Healthcare Fund

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Australian Unity has launched the Australian Unity Future of Healthcare Fund to generate long-term capital growth for investors and increase the wellbeing of all Australians by investing in the future healthcare needs of the community. The first of its kind, the healthcare fund will invest across a range of sectors and asset classes including venture

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Australian Unity appoints Dr. Joe Fernandes as CIO 

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Australian Unity’s Wealth & Capital Markets business has appointed Dr. Joe Fernandes as Chief Investment Officer. Dr. Fernandes joins the 180-year-old mutual organisation with more than two decades of experience in senior investment leadership roles, including 17 years with Colonial First State, Colonial First State Global Asset Management and First State Investments, and a proven

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Healthcare property delivering strongly for investors but finding value more challenging: PFA Conference

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Healthcare property may continue to provide strong returns and defensive characteristics for investors, but finding intrinsic value in the asset class has become more challenging, according to Chris Smith, Head of Healthcare Property at Australian Unity. Mr Smith was speaking at the Property Funds Association 2019 Conference in Hobart this week. He said healthcare is

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Social media driving global philanthropy beyond June 30

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The increasing influence of social media platforms and crowdfunding globally means traditional philanthropy is evolving, but for many June 30 still remains a key date for tax planning, says Emma Sakellaris, executive general manager, Australian Unity Trustees. Statistics shows that giving in Australia is on the rise, increasing $1 billion to $121 billion over the

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Managing family expectations can help avoid challenges to Wills

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The growing trend for people to challenge Wills is set to continue as baby-boomers leave significant wealth behind – but perhaps not in the way that family members expect, says Anna Hacker, Wills & Estates Accredited Specialist at Australian Unity Trustees. “It’s a sad fact that we are seeing more and more challenges to Wills,

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Strengthening client relationships through philanthropy

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Raising the idea of philanthropy with clients can result in stronger client relationships for financial advisers, and can provide better outcomes for charities as well, says Emma Sakellaris, executive general manager of Australian Unity Trustees. “Particularly at this time of year, the thoughts of many turn to those less fortunate. While one-off gifts certainly help provide

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Digital footprints on death – why they matter

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Social media accounts live on after their creators die, and their existence can create uncertainty for estate executors as well as distress for family members, says Anna Hacker, national manager, Estate Planning at Australian Unity Trustees. “Digital footprints on death are an issue of growing importance as social media usage steadily proliferates – not just

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Australian Unity focusses trustee services on “middle Australia”

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There is an increasing need for estate planning and trustee services for middle income Australians as the population ages and as issues such as dementia and blended families become more prevalent, says Rohan Mead, group managing director of Australian Unity. “Historically, these kinds of services have only been available to the wealthy, with most trustee

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Investment bonds a tax effective superannuation alternative

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With superannuation reforms announced in the Federal Government’s 2016-17 Budget being realised, it is imperative that people consider ways to achieve a tax effective retirement income outside the superannuation system, says Matt Walsh, general manager of Life and Super at Australian Unity. The superannuation reform package of bills has now been passed by the House

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