
Iress Warns 59% of Australians Lack Financial Capability Amid $5.4 Trillion Wealth Transfer

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Iress Limited and Deloitte Access Economics report that 59% of Australians have low financial capability amid a $5.4 trillion wealth transfer by 2050. The report urges the financial industry to adopt digital advice solutions and enhance financial education to improve economic resilience and growth opportunities. The original content was published by IRESS Limited on November 26, 2025.
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