Office & Industrial

AMP Capital latest partner to join the Lonsec Retire Industry Panel

By AMP Capital media team

Lonsec Research, in conjunction with actuarial consulting firm Milliman, has boosted its Lonsec Retire Industry Panel with AMP Capital joining the panel to help financial advisers navigate the challenges associated with retirement investment.

Lonsec Retire is an online portal designed to give practical solutions to help financial advisers provide more comprehensive advice to retiree clients.

Lukasz de Pourbaix, Lonsec’s General Manager - Investment Consulting, believes the funding of retiree pensions will be one of the greatest challenges facing the financial sector in the coming decades, with a continuing flood of baby boomers entering retirement.

“An increasing number of retirement products in the market; ongoing tinkering with the superannuation system; and changes to the age pension make post retirement investment a complex and ever-changing issue for advisers.”

Lonsec Retire aims to provide the tools and knowledge to help advisers better engage with clients on retirement. Advisers can use the portal to access three advice modules – Research, Solutions and the Industry Panel of asset managers.

The six members of the Industry Panel each commit to delivering subscribers unique insights and views on issues related to retirement planning.

“While much of the industry focus to date has been on the accumulation phase, there are many issues in the draw down phase that are important to consider. The Industry Panel is a unique platform that looks to engage the broader market in tackling these issues as well as help build and broaden understanding among advisers and their clients,” Mr de Pourbaix said.

“We don’t have all the answers and the Industry Panel is our way of increasing knowledge around the issues of investing in the retirement phase.”

Milliman's Australian financial risk management practice leader, Wade Matterson, said that the addition of AMP Capital provides financial advisers access to an even greater collection of advice and solutions on retirement planning.

“It is recognition of the importance of this issue for advisers, and the broader financial services sector, that we have some of Australia’s largest and most recognised financial institutions contributing to the portal,” Mr Matterson said.

“It is important we have an open dialogue about the many issues facing our aging population and support financial advisers who are the front line of this discussion.”

Since its launch in late 2013, Lonsec Retire has delivered insights for advisers on a range of post-retirement issues including the real value of the age pension; deeper understanding on longevity and sequencing risk; as well as practical investment strategies on how to structure an objectives-based portfoliofor retirees. In 2014, the inaugural Lonsec and Milliman 2014 Retirement Symposium was also launched, bringing together industry leaders to tackle areas such as portfolio construction in retirement and the challenges in building products to meet the needs of retirees.

To find out more about how to invest visit the Lonsec Retire website.

*First published on Financial Standard

  • Media Releases
  • Office & Industrial

Important notes

While every care has been taken in the preparation of this article, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) makes no representations or warranties as to the accuracy or completeness of any statement in it including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. This article has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. An investor should, before making any investment decisions, consider the appropriateness of the information in this article, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This article is solely for the use of the party to whom it is provided.

Cookies & Tracking on our website.  We use basic cookies to help remember selections you make on the website and to make the site work. We also use non-essential cookies, website tracking as well as analytics - so we can amongst other things, show which of our products and services may be relevant for you, and tailor marketing (if you have agreed to this). More details about our use of cookies and website analytics can be found here
You can turn off cookie collection and/or website tracking by updating your cookies & tracking preferences in your browser settings.