Generation Life - Outthinking today.

Advised Australians are twice as likely to be satisfied with their financial situation compared to those without advice according to our latest research. Yet barriers remain – nearly one-third of unadvised Australians cite costs as a concern, while 22% struggle to find a trustworthy adviser, partly due to the lingering impacts of the Hayne Royal Commission. Building authentic, client-focused relationships are crucial, especially for younger generations. For advisers, showing both financial growth potential and tax efficiencies can help address these trust and cost barriers. Read Laura Dew’s full article on Money Magazine Australia here: https://lnkd.in/dqrNb5e8

The Australian retirement landscape is complex and there isn’t enough information out there. Sadly, this means, only one in four pre-retirees feel they can achieve their goal of saving for a happy retirement. Financial advice is required to help pre-retirees look forward and plan with confidence. To help find some of the right solutions for your clients, download your copy of Generation Life’s Not Tomorrow’s Problem Guide here: https://bit.ly/400RS82 #GenerationLife #outthinkingtoday #nottomorrowsproblem #retirement #investmentlinkedlifetimeannuity

Are your clients fast approaching the top marginal tax brackets and therefore need tax-effective investment options to mitigate the effect of bracket creep? Tax-paid structures such as investment bonds can help close the gap between headline returns and after-tax returns, by reducing the impact of bracket creep. They can also boost the consumable returns your clients keep. If your clients are likely to be impacted by bracket creep it may be worth exploring the several benefits of investment bonds. Read the full article below #GenerationLife #outthinkingtoday #nottomorrowsproblem #bracketcreep #taxeffective #investmentbonds The Australian Financial Review

Grant Hackett OAM, Chief Executive Officer at Generation Life recently spoke to Oksana Patron from Financial Standard about the value of financial advice and how the industry needs to do more to help make advice more accessible and raise awareness about the importance of financial advice to educate the public and reduce stigma. “Having a trusted financial adviser is like having a personal coach who will help you optimise the results that you want to see tomorrow, especially considering how distracted and busy Australians are with their day to day lives, often putting off financial planning ‘for tomorrow,’" said Grant Hackett OAM. Read the full article below. #outthinkingtoday #investmentbonds #nottomorrowsproblem #superannuation #division296 #taxawareinvesting

Our wellness series recently took us to new heights! 🧗🏻♀️   We teamed up with Virgin Active for an exciting rock climbing session that challenged both our physical limits and mental strategies. Rock climbing is not only a fantastic workout for strength and agility, but it also helps build trust, teamwork, and problem-solving skills in a fun, unique environment.   Virgin Active Australia’s impressive three-story climbing wall offered a welcoming space for everyone, from beginners to seasoned climbers. We came away with a renewed sense of accomplishment, different and fun team bonding experience and excitement for the next wellness adventure!   #GenerationLife #TeamBuilding #Wellness #RockClimbing #VirginActive

Bracket creep driven by the stage 3 tax cuts will impact about a million young professional Australians over the next six years or so. Around 80,000 Australians’ superannuation are estimated to be affected by the proposed Division 296 tax*. But not enough of us know what this means… Download Generation Life’s Not Tomorrow’s Problem Guide to find out how you can help your clients navigate these financial policy changes and plan for a better tomorrow here: https://bit.ly/400RS82 * Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other Measures) Bill 2023 and Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023 #GenerationLife #outthinkingtoday #nottomorrowsproblem #taxawareinvesting #investmentbonds #investmentlinkedlifetimeannuity

Today, at Generation Life we celebrated the festival of Diwali with a morning tea filled with delicious treats, vibrant colours, and festive spirit! Diwali, known as the Festival of Lights, is a time for reflection, renewal and connection. It reminds us of the importance of sharing joy, embracing new beginnings, and continuing to build bonds within our team and the wider community.   Wishing everyone a prosperous and joyous Diwali filled with light, happiness, and success! 🪔   #GenerationLife #Diwali2024

Mid-life high-net-worth parents, often known as the "sandwich generation," are under immense financial pressure as they support both aging parents and their children's futures. As their priorities grow, expert financial advice is key to address short-term family needs and long-term financial security.   Generation Life’s Not Tomorrow’s Problem research shows that nearly 70% of this group already seek professional advice, reporting far greater confidence in achieving financial goals compared to those without guidance.   Read Maja Garaca Djurdjevic full article about how advisers can support the sandwich generation’s complex needs here: https://lnkd.in/g3Au5fmj #GenerationLife #outthinkingtoday #investmentbonds #nottomorrowsproblem #taxawareinvesting

The Federal Government’s proposed Division 296 tax on earnings on amounts held in superannuation above $3m may mean it is no longer the most tax-effective method for some investors. Grant Hackett OAM, Chief Executive Officer at Generation Life recently spoke to the AFR about how investment bonds can be an excellent option for people who want their investments to continue to be invested tax-effectively.   Read the full article here…   #GenerationLife #outthinkingtoday #investmentbonds #superannuation #division296 #taxawareinvesting

Current inflation rates are the biggest barriers holding Mid-Life High-Net-Worth Parents back from achieving their financial goals. Generation Life’s new research has revealed that this cohort of Australians are thriving under pressure due to quality financial advice and understand that advice is pivotal to maximising their financial potential. Download Generation Life’s Not Tomorrow’s Problem Guide today and gain exclusive insights from industry leaders to help your clients achieve a brighter tomorrow: https://bit.ly/400RS82 #GenerationLife #outthinkingtoday #nottomorrowsproblem #taxawareinvesting #investmentbonds #investmentlinkedlifetimeannuity