HESTA income stream phases out riskBY BEN COLLINS | TUESDAY, 10 JUL 2012 11:45AMHESTA 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." |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







Did this really take a committee? IS this really a revolutionary concept..thanks for the comic relief!
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!!!
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.