Retirement Incomes
The value proposition of life-cycle funds: opportunity cost or risk management tool?
Are life-cycle funds an opportunity cost to members or a tool for managing a member’s risks through their different life stages?
Are life-cycle funds an opportunity cost to members or a tool for managing a member’s risks through their different life stages?
BACKGROUND A new default superannuation regime was introduced in 2013 under the Stronger Super reforms. Funds were required to obtain a license for a MySuper product which required specific features. One…
“Many knowledge. Such cash. So wow.” I was having dinner with a friend after a twelve hour day of classes and this was the response from the aspiring engineer after I had…