POWERED BY MOMENTUM MEDIA
Better product development needed to work with SMSFs
Shifting away from traditional high allocations to listed shares and cash/term deposits is unlikely to occur quickly, but retirement income product development will provide attractive options for older SMSF retirees, according to the SMSF Association.
Speaking on the Money Management Retirement Income Webinar, John Maroney, SMSF Association chief executive, said many self-managed super fund (SMSF) retirees had achieved good performance from ASX-listed companies due to franking credits.
“The shifting away from traditional high allocations to listed shares and cash deposits is unlikely to occur quickly,” Maroney said.
“There’s certainly increased interest in diversification and opportunities for this, particularly for those in their 70s and 80s, they have done particularly well over the most of their retirement already.
“They are probably less likely to shift quickly, but again it’s important for them to think about the future direction of their asset allocations and their product selections as well.”
Maroney said if cash returns remained as low as expected and the Age Pension could be accessed through better developed retirement products that would become an important consideration for retirement income planning.
“It’s quite a complex question that will require face-to-face advice, I don’t think many of the older retirees will be attuned to robo-advice,” Maroney said.
“But they do need to be able to access affordable advice from their financial planners, accountants and others involved in the process.”
Recommended for you
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.
With private asset valuations emerging as a key concern for both regulators and the broader market, Apollo Global Management has called on the corporate regulator to issue clear principles on valuation practices, including guidance on the disclosures it expects from market participants.
Institutional asset owners are largely rethinking their exposure to the US, with private markets increasingly being viewed as a strategic investment allocation, new research has shown.
Australia’s corporate regulator has been told it must quickly modernise its oversight of private markets, after being caught off guard by the complexity, size, and opacity of the asset class now dominating institutional portfolios.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
