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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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean 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.