Financial Standard Comments - HESTA income stream phases out risk HESTA has launched a new retirement solution that the health and community services industry super fund said has "turned conventional retirement product thinking on its head." https://www.financialstandard.com.au/feed/latest?story=21202247 Tue, 10 Jul 2012 13:00:50 +1000 Tue, 10 Jul 2012 13:00:50 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by David M (S) Did this really take a committee? IS this really a revolutionary concept..thanks for the comic relief!

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]]> David M (S) Tue, 10 Jul 2012 13:00:50 +1000 Comment by T H (AAA) I feel sorry for those members....I guess longevity risk isn't an issue.....and to think those in the committee are actually getting paid to come up with these brilliant strategies!!!

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]]> T H (AAA) Wed, 11 Jul 2012 08:46:40 +1000 Comment by Matt C (QLD) Even post-retirement funds need exposure to growth assets.... 30 years is a long time retired, and if your 'defensive' fund is returning Cash/Fixed Interest returns of 5%, Centrelink will soon become very important.

What is wrong with their active managers ensuring sufficient defensive to draw on for 5 years, then use growth assets and dividend income to top up and replentish defensive exposure... beats haveing no growth, or selling growth during flat/negative periods.

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]]> Matt C (QLD) Wed, 11 Jul 2012 19:00:26 +1000