Bank hybrids are dead: here's where to invest next
In this Australian Retirement Podcast episode, your host Owen Rask sits down with Kanish Chugh (from PIMCO) to discuss:
- The hybrid securities market and why APRA is phasing out bank hybrids
– What income investors (especially retirees) should consider in 2025
– The outlook for fixed income, bonds and private credit as interest rates fall
– PIMCO’s research-backed strategy for income investors post-hybrids
Topics Covered
– What are hybrid securities and why APRA is shutting them down by 2032
– What this means for income-focused investors and superannuation strategies
– How hybrids work compared to bonds and floating rate securities
– The impact of falling interest rates on income investments
– PIMCO’s research into 38 hybrids and how it’s building portfolios to match risk-return
– Portfolio construction: replacing hybrids with bonds, credit and active income strategies
– How to evaluate ETF yields and how PIMCO builds diversified fixed income portfolios
– Final thoughts on risk, private credit, and doing your research
~~ Episode Resources ~~
– PIMCO hybrid analysis
– Libby Cantrill
– Visit TermPlus to learn more
~~ Rask Resources ~~
- All services
- Financial Planning
- Invest with us
- Access Show Notes
- Ask a question
DISCLAIMER
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it.
If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here.
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41:37
From estates to guarantors: Helping the next generation
In this episode of the Australian Retirement Podcast, Drew Meredith and James O’Reilly unpack the rise of the Bank of Mum and Dad and the tough decisions facing parents who want to help their kids buy a home. Should you gift cash, go guarantor, or use other strategies? They explore the risks and rewards of each approach, how guarantor loans work, and what it means for your retirement and estate plans. Plus, they cover key retirement questions, including how to get tax back before starting an allocated pension and the basics of how estates work.
Whether you’re planning to help the next generation or protecting your own financial future, this episode is packed with practical insights.
In this episode we cover:
– Are more tax changes on the cards from the Productivity Commission?
– The pros and cons of gifting cash vs. going guarantor
– How guarantor loans work, including the role of LVR (loan-to-value ratio)
– The family, financial, and estate planning considerations when helping the next generation
– Do this before you switch on your pension
Resources for this episode
Visit TermPlus to learn more
Ask a question (select the Retirement podcast)
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
We love feedback! https://raskau.typeform.com/to/ZbfHy6IP
Follow us on social media:
– Instagram: @rask.invest
– TikTok: @rask.invest
DISCLAIMER:
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG):
https://www.rask.com.au/fsg
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36:12
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36:12
What do bond fund managers actually do? With Aaditya Thakur from PIMCO
In this Australian Retirement Podcast episode, your host Owen Rask sits down with Aaditya Thakur (PIMCO) to discuss:
– What a bond fund manager actually does
– The role of macroeconomic forecasting in fixed income
– PIMCO’s multi-layered investment process
– Why bonds still matter for investors in 2025
~~Topics Covered~~
– What a bond portfolio manager actually does day to day
– Top-down vs. bottom-up bond analysis
– How PIMCO runs global investment strategy sessions
– Why bonds offer diversification and income for Aussie investors
~~Resources for This Episode~~
- Visit TermPlus to learn more
- Pimco Australian bond fund
- Pimco ETFs
~~ Rask Resources ~~
🔗 Explore all Rask services
📋 Get Financial Planning
📈 Start investing with Rask
📜 Access Show Notes
❓ Ask a question – just select the Retirement Podcast
📲 Follow us on social media:
– Instagram: @rask.invest
– TikTok: @rask.invest
DISCLAIMER
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it.
If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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26:39
Age Pension Changes, Dixon Collapse and Choosing an Adviser
In this episode of the Australian Retirement Podcast, Drew Meredith and James O’Reilly break down the latest retirement news and what it means for you. They discuss upcoming Age Pension changes, including updates to deeming rules and payment increases, and how these may affect retirees’ cash flow and eligibility.
The conversation also tackles the fallout from the collapse of Dixon Advisory, what it says about conflicts of interest in financial advice, and the cancellation of the government’s inquiry into the failed business. Finally, Drew and James share their views on what to watch for when selecting an adviser — from marketing tactics and “low-cost” options to ensuring you’re getting real value and trusted guidance.
Topics covered today:
Age Pension changes: deeming rules and payment increasesWhat the Dixon collapse means for retirees and advisersThe cancelled government inquiry into adviceChoosing the right adviser: marketing, cost and quality
Resources for this episode
Ask a question (select the Retirement podcast): https://bit.ly/R-quest
Age Pension updates https://www.servicesaustralia.gov.au/how-much-age-pension-you-can-get?context=22526
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
Learn more about your ad choices. Visit megaphone.fm/adchoices
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38:19
How to boost your Age Pension: top Centrelink strategies
In this Australian Retirement Podcast episode, your co-host James O'Reilly, from Northeast Wealth, talks again with Centrelink guru, Justin Bott from Services Australia. Together they cover the clever steps that can mean a heap more Age Pension, as well as the critical mistakes that Aussies make which reduce - and sometimes completely eliminate - their entitlement.
If you like this Australian Retirement Podcast episode, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts.
Topics covered today
- Using ‘exempt assets’ to boost your Age Pension payment
- Declaring super balances in downturns
- Is it worth chasing the Health Care Card?
- Advanced strategies for Gifting money
- Using the Work bonus to earn more money without impacting your entitlement
- Valuing your home contents / cars correctly
- Declaring changes at the right frequency
- How relationship changes can decimate your Pension
Resources for this episode
- Visit TermPlus to learn more
- Learn more about PIMCO
- Services Australia website
- Financial Information Service
- When a self-funded retirement seems impossible
- Redbook car valuation tool
- Ask a question (select the Retirement podcast)
Rask Resources
- All services
- Financial Planning
- Invest with us
- Access Show Notes
- Ask a question
DISCLAIMER
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG)
Learn more about your ad choices. Visit megaphone.fm/adchoices
The Australian Retirement Podcast by Rask is your field guide to retirement, hosted by financial advisers Drew Meredith and James O'Reilly. If you're 45 and up, planning for retirement, transitioning now, or already there, we cover all of the topics you want and need to know: Super, tax, investments, legacy, work, behavioural psychology and maybe even a few travel tips.
Get retirement advice: https://bit.ly/R-plan
Ask a question (select the Retirement podcast): https://bit.ly/3QtiY00
In every episode of the podcast, in the description provided, you will find our key resources, including:
A link to work with us and our expert teams
A link to the free Rask community - join the conversation, it's free.
A link to ask us questions for the podcast - it's a free service we offer to educate thousands of Australians, and
Extra resources for each episode
Don't forget, this Rask podcast contains general financial information only, issued by The Rask Group Pty Ltd. The information does not take into account your financial needs, goals or objectives, so be sure to speak to a licensed and trusted financial planner before acting on the information. You can find more information about Rask podcasts and services provided at www.rask.com.au/FSG
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