Events
Robo-advice may need Google Maps to show the way
AI-driven tools will succeed when they can show clients where they’re heading, a panel of early adopters has said.
Meredith BoothApril 10, 2018
milliman
Industry View
Big data finally reveals how retirees really live
The industry needs quality data and analysis to help clients plan for retirement. Milliman's Wade Matterson proposes a solution.
Wade MattersonJuly 13, 2017
Hedge Funds
Maritime’s equity insurance take-up exceeds expectations
Hundreds of millions of dollars have flowed into Maritime Super’s managed volatility process (MVP) since launch nine months ago. The overlay, which uses the shorting of futures options as insurance against falls in the value of equities, has been communicated to members with the words “don’t jump ship”. It provides members with the opportunity to […]
David RowleyApril 20, 2015
Hedge Funds
Volatility overlay to prevent Maritime members jumping ship
Maritime Super is offering a managed volatility overlay to its growth and balanced options, a process it has described to members as ‘avoid jumping ship’. It has taken the move to prevent the damaging impact of members switching out of equities into cash during periods of market downturn. Milliman has been hired to apply futures […]
David RowleyJune 16, 2014
Opinion
What is your fund doing about this graph?
Over 13 years of writing about pensions the graph below is one I have barely seen, but over the last few weeks it has popped up three times. Twice it was used to illustrate post-retirement product innovation and once on TV to illustrate a point about the benefits of people retiring at 70 instead of […]
David RowleyApril 22, 2014
Post-Retirement
The baby boomer tsunami
Australia has probably the most admired accumulation system in the world, but our system of decumulation is a work in progress. That superannuation funds, politicians and researchers are all talking about change is cause for hope. Indeed such is the level of agreement that the era of easy access to lump sums must end, several […]
David RowleyAugust 19, 2013
Hedge Funds
Post-retirement solutions
“thin on the ground”
Post-retirement represents the biggest challenge to Australia’s superannuation industry and yet the sector was failing to address the growing issues either through advice or through product design. These are the views of the author of a white paper, entitled Boomer, Herding, Denial and Zeitgeist, published last week by research house Lonsec and actuaries Milliman. The […]
Lachlan ColquhounNovember 5, 2012
Investment Strategy
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.
Staff WriterDecember 9, 2008