A retirement income rethink

Investments and personal finance insights from Vanguard Australia

7 October 2020 Hi everyone, In this week's Smart Investing, we take a look at why a dramatic shift in investing environment and outlook is demanding investors rethink the costs – and risks - of maintaining an income-oriented approach in the future. Vanguard Senior Financial Writer Tony Kaye also discusses what to look for when selecting an active manager and why a considered manager selection process can go a long way to improve your results. Lastly, we have included Vanguard's September Economic and Market Update which provides our forecasts for global growth and recovery, as well as our outlook on asset class returns. Regards, Robin Bowerman Head of Corporate Affairs Vanguard Australia

A retirement income rethink By: Robin Bowerman Given the current investment outlook, income focused retirees now need to rethink how to earn enough income to meet their spending goals. Read more

How to find the best active managers By: Tony Kaye The most sensible approach to active management allocation needs to focus on three key pillars: talent, cost and patience. Read more

Vanguard's September Economic and Market Update Globally, the pace of economic recovery from COVID-19 is uneven, with the US tracking at the optimistic end-of-expectations but economies such as the UK lagging behind Vanguard’s mid-year forecasts. Read more

VANGUARD IN THE NEWS Income focused approach exposing retirees to greater risk Adviser Voice | 30 Sep 2020 According to new Vanguard analysis, investor portfolios built on a dividend-focused strategy will need to be 100 per cent allocated to equities and greatly elevate their portfolio risk, to meet most income needs in the current low yield environment. To read more, please visit the Adviser Voice website. Please note the link above will show a copy of the article (where freely available), or the publisher's website if a subscription is required.

IN CASE YOU MISSED IT

The sourdough approach to investing By: Robin Bowerman Coincidentally, the conditions needed for the perfect loaf also apply to successful long-term investing. Read more

Staying the course through volatile times By: Tony Kaye Volatility is a fact of life in financial markets, but this year it's been unprecedented. Read more

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