New means test rules for pooled lifetime income products, together with development of CIPRs, have the potential to radically alter Australians' views on retirement income products.

Masterclass NZ is a post-graduate extension program focused on contemporary issues that are fundamental to building better quality portfolios. Each year, the one-day program features five research-based, active learning sessions.

The Conexus Fiduciary Investors Symposium 2018(22-23 May 2018) has been assessed and accredited by Portfolio Construction Forum for Forum CE hours. Delegates must confirm their attendance in order to receive CE acceditation.

This week in Forum Fodder: Michael Kitces - Robo-advisors not the future; Nick Griffin - Do stocks outperform T Bills?; Ron Bird - Momentum investing; Aaron Minney - Advice in retirement; Ken Rogoff - Trump's normal Fed.

It is generally accepted that stock markets provide long-term outperformance over cash. However, a recent academic research paper reveals this is not the case for the majority of stocks since 1926.

This week in Forum Fodder: Dr Brock - impact of a trade war; Kaletsky - realism trumping populism?; Payden & Rygel - Phillips (man, myth, Curve); Furey - asset allocation to risk allocation; Stewart - place of bonds in a low yld world

President Trump's protectionist threats have raised the risks of a serious trade war, the first in over 80 years. It is assumed that this would materially impact US growth - but is that the case?

Investors are increasingly questioning the continued relevance of bonds in their portfolios. But bonds offer enhanced diversification qualities during times of low growth, low inflation and market uncertainty.

The Investment Management Research Workshop (12 April 2018) has been assessed and accredited by Portfolio Construction Forum for Forum CE hours. Delegates must confirm their attendance in order to receive CE acceditation.

This week in Forum Fodder: Tim Farrelly - Markets not pricing rates to revert; Bob Gay - Policy blunders; David Knox - Misunderstanding life expectancies; Brett Gillespie - Ignore the noise; Alex Duffy - Risk mismatch the big mistake.

Nearly all recent initiatives of the Trump administration will prove to be macroeconomic blunders. The time has come to upgrade the credit quality of investment portfolios and to focus on the currencies of creditor countries.

As we consider the life expectancy of many clients, we should not be using any number in the 80s. A figure closer to 95 is both more realistic and provides a little buffer in case the individual lives longer than the average.

This week in Forum Fodder: El-Erian - global trade wars; Rebecca Sherlock – ESG and infrastructure; Bianca Ogden - disruptive tech in healthcare; Aaron Minney - retirement spending; Prof Ron Bird - performance, fees, active managers

Recent research examines the performance of active bond managers, and the impact of performance fees on returns of active equity funds and private equity funds.

The annual Investment Management Research Workshop showcases early stage research in the area of investments to a practitioner and academic audience. It is an initiative of the Investment Management Research Program which is presented by Portfolio Construction Forum, in collaboration with faculty of the University of Technology Sydney (UTS) Business School. The IMR Program succeeds the UTS Paul Woolley Centre.

This week in Forum Fodder: Robert Shiller - GPD-linked bonds; Chris Watling - new economic paradigm; Joanne Earl - effects of downsizing; David Knox – does 10/30/60 still apply; Ed Rosenfeld - upbeat outlook for small caps

Around the world, smaller companies are benefitting from robust economic growth, low base rates and balance sheet flexibility. Investors should focus on opportunities in Japan and Europe.

The CIMA Society Seminar 2 2018 (21 March 2018) has been assessed and accredited by Portfolio Construction Forum for Forum CE hours. Delegates must confirm their attendance in order to receive CE acceditation.

About 30 years ago, Canadian researcher Don Ezra identified the ‘10/30/60’ rule - in retirement, 10% of income comes from contributions, 30% from earnings on investments before retirement, and 60% from investment earnings accrued after retirement. Does this rule still apply in Australia, given our current economic conditions?

This week in Fodder: Prof Terry Odean on behavioural biases and investment risk; Prof Ken Rogoff on AI and productivity growth; Michael Furey on diversification; Nick Griffin on why now is the time to invest in growth stocks; and, Brett Gillespie on sharper interest rate rises ahead.