MARKETS SPECTATOR: Ready for rotation

Australian retirees are ripe for a switch from stocks to bonds, says Challenger.

Bad news for equity fund managers, says asset manager and insurer Challenger. More Australians are interested in credit investments.

More than 75 per cent of people over 50 would prefer a 5 per cent annual return, guaranteed for life, over a 6 per cent return that was not guaranteed for life, according to Jeremy Cooper, Challenger’s head of retirement income.


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