Post-Retirement Conference

Hedge Funds

The case for low volatility equities in a retirement portfolio

The performance of low volatility and benchmark equity strategies for retirement portfolios was likened to the tale of the tortoise and the hare at the 7th annual Post-Retirement Conference. Roy Maslen, chief investment officer – Australian equities, at AB (formerly known as Alliance Bernstein), presented research which showed a well-constructed low volatility portfolio would eventually […]
Unintentional

No perfect retirement product

The superannuation industry is on a steep learning curve on what success looks like in post-retirement product development. Case studies from Equip Super, NGS Super and MTAA Super at the 7th annual Post-Retirement Conference in Sydney heard feedback of investment success, adjustments and low take-up. Early indications show the NGS Super pension product, the most […]
Post-Retirement

Equip adapts MyPension after customer feedback

Equip has introduced the flexibility to take between 4-7 per cent income from its MyPension product launched in July last year. The product is currently live with 20 members, with several hundred pre-retirees registering an interest in signing up. Feedback from the latter group has led to the original setting of 7 per cent income […]
Hedge Funds

Smart beta at SSFS cuts volatility by up to 30%

A move to low volatility and quality equity strategies has seen State Super Financial Services (SSFS) reduce volatility by up to 30 per cent in more than half of its equity allocation. The $15.3 billion fund, which runs pension portfolios for retirees from State Super across nine different investment options, took the decision three years […]
Administration

NGS Super aspires to Apple service levels

Product innovation coupled with tailored digital education is key for the future of super funds, according to Anthony Rodwell-Ball chief executive of NGS Super. As retirees make up a growing part of funds he believes a strong customer focus that few funds currently have will be needed – by 2020 around 50 percent of NGS […]
Investment Strategy

Post-retirement boom for providers

Providers of post-retirement products are seeing soaring growth in assets under management as the number of baby boomers entering retirement grows. Challenger saw a 38 per cent growth in fixed term and lifetime annuities for the six months to the end of December 2013. Colonial First State, the leading provider of allocated pensions, has seen […]
Investment Strategy

QSuper pension take up grows year-by-year

A sharp uptake in QSuper members choosing its pension product has coincided with the provision of greater flexibility to tailor drawdown. Since December pension payments can be increased annually in line with inflation, while limits on switching and minimum withdrawals have been removed. Members who are invested across several investment options will now also have […]
Post-Retirement

Industry funds deny low-cost status

Industry funds will not own the low-cost space post-Stronger Super and the industry should be prepared for the influx of bespoke products like SMSFs and individually managed accounts (IMAs), said Paul Watson, executive manager of member choice and advice at Hostplus. Speaking at last week’s Post-Retirement Conference, held by Conexus Financial in association with AIST, […]
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