Adviser association newbie the Association of Real Return Investment Advisers (ARRIA) is about to hold its first round table in Melbourne and all indications are that the turnout will be significant.
The key topic will be the failure of SAA strategies for investors.
Other topics will include whether SAA works in confronting volatility in client portfolios and what are the alternatives, the problems associated with Australian retirees being stuck in equities-based strategies, and the growing adviser demand for outcome-based portfolios for investors.
The roundtable will be held on 27 May, and over 20 advisers are expected to attend.
ARRIA general manager Philip Reid said the level of support has been overwhelming.
“We have been thrilled with the level of adviser interest around Australia with the launch of this new adviser-led group and the demand for a forum to investigate and develop outcome-based portfolios for their clients,” he said.
ARRIA was officially launched a couple of months ago with the aim of helping advisers incorporate real return strategies into their businesses, as well as providing guidance in the areas of regulations, insurance, portfolio construction, implementation and administration.
The association also liaises with government, regulatory bodies and other relevant industry groups on behalf of its members.
Reid told Wealth Professional
that ARRIA is an important vehicle that can be used by advisers to pool resources and direct efforts in the research and developments of tools specifically built for the objectives of the association, which is “implement and integrate”.
And because it’s adviser-led, he said there’s no “beauty parade” of fund manager product: instead the advisers set the agenda in a quest to advance best practice and diversify their portfolios.
“It’s a new herd forming of like-minded people with specific issues and challenges. Some guys are further down the path than others, so there’s great benefit,” he said. “We’re all trying to achieve these better outcomes and the benefits of the peer group allow us to look at best practice in this area by pooling and leveraging resources.”