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MA Financial, Laundys head $81m regional pub bonanza - Vimarsana News

MA Financial, Laundys head $81m regional pub bonanza

MA Financial, Laundys head $81m regional pub bonanza Share Listed fund manager MA Financial, rich listers the Laundy family and a Sydney syndicate have snapped up $81 million of regional hotels and pubs as investors and publicans beat a well-trodden path out of the capital cities In one of the biggest pub and hotel sales in regional Victoria this year, MA Financial, the rebranded Moelis Australia business, exchanged contracts to acquire the 77-suite All Seasons Resort Hotel in Bendigo for $54.5 million. The All Seasons Resort Hotel is back in the hands of Moelis, now known as MA Financial.  ...

Source: afr.com
Covid-19 has led to increased risk aversion among retirees - Vimarsana News

Covid-19 has led to increased risk aversion among retirees

It may sound ironic, but people are now even more concerned that they may live too long. 14:50  Believing they might outlast their savings can prompt people to make rash decisions about their investments. Image: Shutterstock The number of people who felt “really confident” that their savings would cover their monthly expenses in retirement dropped from 20% before the arrival of Covid-19 to 14% during the pandemic. According to Deane Moore, CEO of Just SA, their 2020 Retirement Insights survey shows that the pandemic has significantly increased people’s aversion for risk. W...