intergenerational wealth

Funds management

Retail investors valuing liquidity over returns

Being able to provide certainty about redemptions is worth fund managers pursuing when targeting the retail market even if it means sacrificing returns, according to Fede...

Financial planning

Advice ‘invaluable’ to balancing legacy wants with retirement needs

Financial advice has an important role to play in navigating family discussions around inheritance, according to CFS, with younger generations expecting a windfall of mor...

Financial planning

Gender imbalance in advice hindering intergenerational wealth transfer

While Australia prepares for the $3.5 trillion intergenerational wealth transfer, two female advisers have discussed why women may be detracted from seeking advice and th...

Financial planning

The behavioural conflict from advising multigenerations

Financial advisers may be encouraged to work with multiple generations amid the intergenerational wealth transfer, but the FAAA has warned it can cause behavioural confli...

Financial planning

Wealth managers face imminent ‘flight risk’ of next-gen clients and advisers

Wealth management is facing a “fundamental transformation” as 81 per cent of next-gen inheritors have said they will likely switch away from their parents’ wealth manager...

Financial planning

Building trust imperative to retaining intergenerational wealth

As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to re...

Financial planning

Over half of inheritors lack ongoing adviser relationship

Despite younger generations representing the largest group of potential inheritors, CoreData has discovered less than half of beneficiaries have professional advice to na...

Financial planning

Winning over the unadvised amid $3.5tn wealth wave

Lower fees and trustworthiness are the top factors enticing unadvised Australians to seek a financial adviser, according to Fidelity International, common across all gene...

Financial planning

HeirWealth in partnership with Class Super

Wealth technology platform HeirWealth has announced an integration with Class Super so advisers can link their accounts with the platform....

Financial planning

Advisers lacking formal wealth transfer strategies

Praemium research has uncovered that less than one in 10 financial advice practices have a formal, documented intergenerational wealth transfer strategy in place....

Financial planning

Preventing client exodus amid great wealth transfer

With next-generation heirs unlikely to retain their family’s financial advisers after receiving an inheritance, Capgemini has explored how firms can work with younger gen...

Financial planning

Engaging the next generation in advice

When it comes to engaging younger clients, Fidelity has unpacked potential concerns of this generation when it comes to seeking advice as well as how they prefer to inter...

Financial planning

Preparing for the end of a client-adviser relationship

With four in 10 advisers viewing the intergenerational wealth transfer as a threat to their practice, Business Health explores what to do when an established client relat...

Financial planning

Retaining client assets in the face of wealth transfer

Nearly half of financial advisers worldwide view the intergenerational wealth transfer as an existential threat, Natixis Investment Managers finds, as one-third say they ...

Financial planning

How can advisers mitigate wealth transfer concerns?

Clients are exhibiting multiple concerns on the intergenerational wealth transfer, making it imperative for advisers to address these fears through comprehensive strategi...