Are Australian artists too sceptical for a pension trust?

APT Global, an international trust that secures the future for artists, has just set up base in Australia.
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The Artist Pension Trust (APT) offers artists a system to bank their artworks for their future security.

Conceived of by the high-tech entrepreneur and art collector, Moti Shniberg, the idea is to create a pension plan for artists by assembling a collection of their artworks, which would then be gradually sold as their careers developed and market demands increased. Some artists will succeed more than others spreading risk across the pool guaranteeing financial security for the group as a whole.  

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Gina Fairley is ArtsHub's National Visual Arts Editor. For a decade she worked as a freelance writer and curator across Southeast Asia and was previously the Regional Contributing Editor for Hong Kong based magazines Asian Art News and World Sculpture News. Prior to writing she worked as an arts manager in America and Australia for 14 years, including the regional gallery, biennale and commercial sectors. She is based in Mittagong, regional NSW. Twitter: @ginafairley Instagram: fairleygina