[Nick1984]

Find a financial adviser who can direct you to a number of lower risk managed funds such as domestic or international fixed income products (not the best option imho cause they barely manage to beat the cash rate), property funds, or small company funds.

In this 10% pa return is that in pure capital growth or income or both?

You'll find that most managed funds pay out income distributions quarterly so that will be factored into the return. Mind you just like a stock dividend the unit price of the fund you are buying will fall with an income distrubution therefore it's highly important you include any income as part of your overall return. It shouldn't be too hard to get a 10% return or more even after fees on most retail fund platforms that offer a wide range of investment options.

Talk to a financial adviser and they'll sort you out.