Australia has a serious problem. Many retirees do not have enough income to fund a comfortable retirement because of an over-reliance by the industry on recommending low yield / low growth or so-called “low risk” asset allocations. In particular, term deposit rates are close to negative in real rates of return following successive rate cuts.
In May 2014, Martin Currie launched a multiasset allocation solution that looked at the problem differently to these traditional retirement options.
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