Scott Marinchek, the founder of Mariner Financial Third Age Retirement Living, aims to secure a business partner to distribute a range of funds targeting the retirement living and aged care sectors in the first quarter of 2009.
In the downturn, members turn conservative and fret longevity
The market downturn has increased superannuants’ awareness of market and longevity risks, resulting in a high proportion of fund members in a recent survey switching to more conservative investment strategies and also favouring products that combat longevity risk.
No such thing as ‘one’ best fund: Chant WestNo such thing as ‘one’ best fund: Chant West
Rather than name a ‘fund of the year’, super consultancy Chant West has produced lists of the top funds for a series of different market segments, saying that the right fund for any individual or organisation is the one that is strong in the areas that are important to them.
AIST honours excellence ‘behind the scenes’
AIST honours excellence 'behind the scenes'
AUSCOAL puts $50m toward harnessing volatility
Tax credit threat keeps Maritime merger docked
LGSS overhauls bond portfolios, reviews international equities
The NSW Local Government Superannuation Scheme (LGSS) has allocated more than $700 million in new fixed income mandates while beginning a review of its $1 billion international equities portfolio.
The superannuation guarantee levy should become a permanent tool of macroeconomic policy, with its level determined by the Reserve Bank of Australia, according to the regional head of Mercer Investment Consulting, Tony Cole.
