The cost of retirement has increased for both singles and couples despite the partial return to pre-COVID-19 prices, according to the Association of Superannuation Funds of Australia (ASFA).
A $54 billion industry fund, a mining company and a professional services firm have joined an initiative to tackle emissions in supply chains by 2050.
A growing chorus of industry stakeholders agree that the retirement income system lacks a clear objective, but the comprehensive government review found the industry cannot agree on what that should be.
The report modelled average annual retirement income from three types of longevity products for retirement income. Here's what came out on top.