Lonsec/Milliman launch retirement industry panel



Research group Lonsec and actuarial firm Milliiman have teamed up with a cohort of product providers to tackle retirement-related concerns.
Forming an industry panel, BT Investment Management, Colonial First State, Macquarie, Metlife, MLC and Plato Investment Management intend to help Lonsec and Milliman provide thought leadership on retirees' investment needs.
The collaboration is in line with Lonsec and Milliman's recent launch of Lonsec Retire, a website to guide planners through topics like longevity risk, the politics of pensions and sequencing risk on a subscription basis.
"We are very pleased with the positive response we have had to the industry panel from subscribers to Lonsec Retire. We believe that the calibre and diversity of the selected panel members is a further endorsement of the path we have chosen to take," Lukasz de Pourbaix, General Manager — Lonsec Investment Consulting, said.
The website, which offers three advice modules, can be accessed here (www.lonsecretire.com.au).
Recommended for you
Women are expected to inherit US$124 trillion through the intergenerational wealth transfer, but Capital Group has found they are twice as likely to rely on social media for advice over a financial adviser.
Challenger Investment Management has raised $350 million during the offer period for its new ASX-listed investment structure.
A week after Lonsec downgraded multiple funds from Metrics Credit Partners, rival research house Zenith Investment Partners has opted to retain its ratings for the same funds.
Strong adviser engagement has helped Praemium reach $1 billion in inflows on its Spectrum offering, with a deal with Western Australian wealth firm Euroz Hartleys expected to add as much as $2 billion.