POWERED BY MOMENTUM MEDIA
Post retirement 'too product-focused’
The post retirement space is too product-orientated to the detriment of quality advice, a corporate adviser believes.
Speaking at Super Review’s Post Retirement and Ageing Forum, Chase Corporate Advisory’s executive director Andrew Gale called for a 'much more sophisticated’ approach to post-retirement, skewed towards the right advice and portfolio construction solutions.
He said a deterministic mentality saw satisfactory post-retirement solutions in around half of retirees, but the benchmark should be raised.
'We need to ask, is 50 per cent enough?’
Gale said a stochastic approach to post retirement would be a better fit for the Australian landscape.
Joining Gale on the panel, NAB Wealth Retirement Solutions general manager Andrew Barnett said the management of products needs to be more effectively managed to fit the changing demographics.
'I don’t think we have a product gap, I just don’t think we use them well enough,’ he said.
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(%)
