Peter Verhaart

​Chair of the Investment Committee​​​

Lifetime manage money in a way that doesn’t just maximise investment returns, but also ensures that the capital base you have will indeed last you your lifetime.

The Lifetime Retirement Income Fund is designed to provide a steady stream of income to its investors throughout retirement. This income stream is calculated using an annuity-based formula with an embedded expected return assumption and longevity target.

Lifetime invests in a range of funds with underlying exposure to international and Australasian equities, fixed interest, property, infrastructure, and cash.

*The benchmark asset allocation for unlisted residential property investment at the date of the PDS (dated 22 October 2024) is 2%. Over time, it is intended that the benchmark asset allocation will increase to 8% as the level of investment in residential properties, by the Lifetime Wholesale Residential Property Fund increases.

In order to preserve capital is a fundamental part of the value we provide to our customers.

We constantly monitor financial markets and when we feel volatility or risk is at levels that are not consistent with what we believe is “normal”, we look to move out of global shares and into cash.

While we are monitoring volatility all the time we don’t make changes to the portfolio very often.

We are very mindful of maximising investment returns over 20 plus years and recognise the important role growth assets such as shares play in adding to performance over the longer term.

We only reduce our exposure to shares when volatility looks seriously out of step with what we would normally expect.

Our Investment Committee is truly one of our strengths, with Peter Verhaart, Cameron Bagrie, Kevin Stirrat, Paul Robertshawe, Victor Huang and Ellen Cheyne. 

Learn More about our Investment Committee.

The investment committee meet monthly to review and discuss the performance of the Fund and its investment strategy. 

Each year to support our annual income reviews Lifetime commission a review of our investment strategy completed by international experts. This is put to our investment committee who review and recommend any changes to our expected returns that support the calculation of our incomes. 

The Results of our 2022 Review were:

• The long term expected annual returns from the fund are forecast to be at least 5.5% before fees and taxes.
• Over a retirement term of 30 years the probability of achieving these returns is 80%.