Jacki Ellis, Chris Plater, Charles Wu: Running a decumulation portfolio

Dispersion of opinion remains alive and well on the topic of how best to approach accumulation vs decumulation investing, but how different are these two regimes in reality? What does a decumulation investment process look like?  Furthermore, what does a decumulation process look like in a defined contribution regime, and in a guaranteed regime?  What are the perils, the assumptions, and the impossibilities, all of which need to be balanced? This is a practitioner’s discussion on the realities of running a portfolio with structural decumulation.

Speakers: Charles Wu, deputy chief investment officer and general manager DC investments, State Super, Chris Plater, chief executive and chief investment officer, Life, Challenger and Jacki Ellis, portfolio manager retirement strategies, First State Super

Moderator: David Bell, executive director, The Conexus Institute

Length: 33 mins

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Asset-based fees dwindle as firms price for complexity, not wealth

Asset-based fees dwindle as firms price for complexity, not wealth

New research has found that the shift away from asset-based fees is gathering pace, with advice fees increasingly being based on the complexity of the client, not on portfolio size. Advice firms are shifting to charging for the technical and structuring expertise that keeps clients on track and helps stop them from making expensive mistakes.

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