To access their superannuation, an individual needs to meet a condition of release. One of the conditions of release is attaining preservation age, which entitles a person to access their superannuation in the form of an income stream, with a restriction ... Read more

It is a fact of life that nobody knows exactly how long they will live. Of more concern is that most people don't know how long they are expected to live on average either. Given that Australian seniors are responsible for financing their own retirement ... Read more

It is remarkable that, more than 25 years after the key planks of today's superannuation system were put in place, we still have not defined the purpose of superannuation, despite recent (to date) unsuccessful attempts to legislate an objective. ... Read more

The introduction of the government's 'Innovative Superannuation Income Streams' Regulations [Treasury Laws Amendment (Innovative Superannuation Income Streams) Regulations 2017] has, since 1 July 2017, allowed for the development of new ... Read more

The ASFA Retirement Standard benchmarks the annual budget needed by Australians to fund either a comfortable or modest standard of living in the post-work years. Read more

With two years of considerable discussion around the provision of new retirement income products, savvy trustees are realising it's the perfect time to integrate retirement income products into the mix. Read more

In the past, most Australians have been in the accumulation phase when it comes to their money. Their primary objective has been building wealth. Read more

We have been in a period where financial market volatility has been abnormally low and as such, the focus in fixed income has become overly skewed to how much interest income can be generated, at the expense of ignoring downside risks. Read more

The risk of financial advisers using the Australian life tables (ALT) to help clients prepare for retirement will lead to Australians facing ongoing challenges as they increasingly outlive their life expectations provided by static tables - ultimately ... Read more

Ever since the introduction of Australian Life Tables by the Australian Government Actuary in the 1880s, the longevity of Australians has been consistently improving. Read more