Morgans June 2018
CIPRs - a clear positive The proposed Retirement Income Covenant requiring trustees to development member retirement strategies and provide CIPRs (Comprehensive Income Products for Retirement) remains a clear tailwind for CGF in our view. On this, we note management believe the CIPRs framework will require a minimum 15-20% allocation to pooled lifetime products, e.g. annuities, rather than permitting 100% allocations to account based pensions. While CIPRs will no doubt lead to more competition in the retirement income space for CGF, we see the company as well positioned overall.
Comprehensive Retirement Income Products, page-9
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CGF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.89 |
Change
0.020(0.29%) |
Mkt cap ! $4.761B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.99 | $6.88 | $7.286M | 1.052M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1818 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.90 | 13335 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CGF (ASX) Chart |