Lonsec and Milliman form panel to assist advisers.
Investment research house Lonsec Research (Lonsec) together with global actuarial and consulting firm Milliman have formed an industry panel consisting of six financial product providers to assist financial planners navigate through the complex issues relating to investing in retirement.
BT Investment Management, Colonial First State, Macquarie, Metlife, MLC and Plato Investment Management, have joined forces with Lonsec and Milliman to participate on the industry panel, which aims to provide financial planners with thought leadership on a variety of topics relevant to constructing portfolios in retirement.
The establishment of the industry panel follows the recent launch of Lonsec Retire.
a collaboration between Lonsec and Milliman aimed at providing financial planners with a central access point for the latest thinking and practical portfolio solutions to assist financial planners in meeting the investment needs of retirees.
Lukasz de Pourbaix, General Manager – Lonsec Investment Consulting, said the selection process for the industry panel considered a number of factors including a proven commitment to addressing the investment challenges facing retirees and the necessary resources and ability to provide a diverse range of views in relation to retirement issues. “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.”
Wade Matterson, Practice Leader at Milliman said that “retirement is a significant issue domestically and globally and therefore requires a broad industry approach to tackling the challenges facing retirees. The formation of an industry panel is a step in this direction and will add a valuable resource for advisers in the retirement space”.
Financial planners will be able to access the industry panel thought material via the Lonsec Retire website on a subscription basis.
The website offers an extensive service across three advice modules – Research, Solutions and Industry Panel – providing white papers and detailed research on topics such as longevity risk, the politics of pensions and sequencing risk.