INVESTMENT STRATEGIES
ETF EDUCATION
Adviser Centre
Forms & documents
Reframe Retirement
Strengthen your value proposition and foster stronger client relationships by reframing retirement discussions around wellbeing.
Supporting a better retirement should start with well-being
Advisers play a key role in setting clients up for their retired lives, yet there is a disconnect between how the financial industry has historically approached retirement planning and the reality of client needs and values.
Start by rethinking your approach to retirement by centering conversations around well-being, and kickstarting these conversations ahead of time to ease your client’s transition into retirement.
What are retirees telling us?
Family and relationships
Today’s retirees derive the greatest sense of purpose from spending time with loved ones, with 67% of retirees saying they make it a priority to stay connected with family and friends.1
Giving and growing
Retirees also find purpose from trying new things and developing new abilities to deepen their sense of self, as well as finding ways of giving back to the community.
Financial wealthy
Being financially wealthy was last on the list. This is contrast to pre-retirees (people within 10 years of planned retirement) who draw relatively more purpose from being financially wealthy.
Build client trust with the ROI approach to retirement
Enhance your relationships with clients by renaming, optimising and igniting wellbeing in retirement. the ROI approach:
Re-wirement begins with well-being
What do we mean by wellbeing? What is a model for a good life, a happy life, a flourishing life, a life above “just getting by”? Researchers have come up with a model - a researched and approachable definition of well-being. Here we will explore different characteristics of flourishing individuals and ideas to help make a ‘good life’ even better.
Source: BlackRock, Designing4Better October 2022
Purpose and place are key to well-being and financial needs
One’s purpose, or “reason for being,” evolves in response to life’s changes, creating a journey of self-discovery, rewarding moments and personal contribution. As life takes on new meaning in retirement, embracing your purpose will enhance your well-being.
Begin by defining purpose. Purpose often lies at the intersection of what one cares about, what one does well and what makes one feel valued. Build stronger relationships with your clients by asking the right questions, get your clients thinking and help them define and design their “story”.
Bring your client’s vision to life
The final step is I – ignite. This is where you work closely with your clients to prototype and test out some ideas. There is never one best answer, but you can significantly improve your client’s well-being during retirement by narrowing down the best options that emerge. Within the framework of financial health and maximising well-being, try to cover all grounds that play a part of retirement.
Better understand the unique needs and challenges faced by women
Women’s needs are unique. This has to be better understood as we help them discover what well-being beings to them
Contact our team today
For more information on available resources and workshops, let us know by filling in the form below and a BlackRock representative will contact you.
Please try again
Thank you
Thank you for submitting your interest.
A BlackRock Representative will be in touch.
1Edward Jones, “The Four Pillars of the New Retirement: What a Difference a Year Makes,” 2021; Designing 4 Better.
2Edward Jones, “The Four Pillars of the New Retirement: What a Difference a Year Makes,” 2021; Designing 4 Better.
IMPORTANT INFORMATION
Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL) ** for the exclusive use of the recipient, which warrants by receipt of this material that it is a wholesale client as defined under the Australian Corporations Act 2001 (Cth).
This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL’s Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction.
Information provided is for illustrative and informational purposes and is subject to change. It has not been approved by any regulator.
This material is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. BIMAL is a part of the global BlackRock Group which comprises of financial product issuers and investment managers around the world. BIMAL is the issuer of financial products and acts as an investment manager in Australia.
BIMAL is the responsible entity and issuer of units in the Australian domiciled managed investment schemes referred to in this material, including the Australian domiciled iShares ETFs. Any potential investor should consider the latest product disclosure statement (PDS) before deciding whether to acquire, or continue to hold, an investment in any BlackRock fund. BlackRock has also issued a target market determination (TMD) that describes the class of consumers that comprises the target market for each BlackRock fund and matters relevant to their distribution and review. The PDS and the TMD can be obtained by contacting the BIMAL Client Services Centre on 1300 366 100. In some instances the PDS and the TMD are also available on the BIMAL website at www.blackrock.com/au. An iShares ETF is not sponsored, endorsed, issued, sold or promoted by the provider of the index which a particular iShares ETF seeks to track. No index provider makes any representation regarding the advisability of investing in the iShares ETFs. Further information on the index providers can be found in the BIMAL website terms and conditions at www.blackrock.com/au.
BIMAL, its officers, employees and agents believe that the information in this material and the sources on which it is based (which may be sourced from third parties) are correct as at the date of publication. While every care has been taken in the preparation of this material, no warranty of accuracy or reliability is given and no responsibility for the information is accepted by BIMAL, its officers, employees or agents. Except where contrary to law, BIMAL excludes all liability for this information.
Any investment is subject to investment risk, including delays on the payment of withdrawal proceeds and the loss of income or the principal invested. While any forecasts, estimates and opinions in this material are made on a reasonable basis, actual future results and operations may differ materially from the forecasts, estimates and opinions set out in this material. No guarantee as to the repayment of capital or the performance of any product or rate of return referred to in this material is made by BIMAL or any entity in the BlackRock group of companies.
The environmental, social and governance (“ESG”) considerations discussed herein may affect an investment team’s decision to invest in certain companies or industries from time to time. Results may differ from products that do not apply similar ESG considerations to their investment process. ESG considerations are generally evaluated by investment teams alongside a number of other considerations.
No part of this material may be reproduced or distributed in any manner without the prior written permission of BIMAL.
©2023 BlackRock, Inc. All Rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, iSHARES and the stylised i logo are registered and unregistered trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners.
MKTGH0823A/S-3062134