Designing Default Retirement Plans
Academics, practitioners, consultants and fund managers have come together to develop a new framework for designing default retirement plans. In this article, they give an insight into how to implement such a framework and what the implications for members are.
In Defence of Life-cycle Strategies
Australian Catholic Super CIO Michael Block addresses some of the criticism of life-cycle strategies and argues that we should take a closer look at the concept behind it. “To always place a member who is 20 years old with a 60-year old member in the same strategy is clearly ridiculous,” he says.