Affordability drives discussion, but it isn't the right question
The question, in my view, isn't what is affordable. It's this: what price should we be willing to pay for long-term financial security?
Hit to retirement savings expected in 2021-22
As share markets fall, superannuation research houses are predicting a negative financial year for both balanced and growth superannuation funds.
Minimum pension reduction offers opportunity for advisers
Among the Federal Budget proposals that received the least fanfare was the extension of the ‘temporary’ relief on the minimum drawdowns for...
Why bailing-out could cost your clients their retirement
While global sharemarkets have recovered much of the ground lost due to the Ukraine crisis, US Federal Reserve moves and surging energy costs, there is a...
'Unprecedented times' in annuities rush
“So much of our advice process and even our industry has grown up around the accumulation process in superannuation,” says Angela Murphy, CEO of...
When disenchantment follows the honeymoon
In the Allianz Retire+ five phases of retirement, wedged between phases three, ‘liberation’, and four, ‘reorientation’, comes...
Retirement incomes the new battleground for advisers
The government feels it has adequately dealt with the issue of how financial advisers go about their business. Now it is focused on the advice itself, with...
Rethink needed in the pursuit of retirement income
Leading equity manager Martin Currie has suggested the superannuation, advice and wealth management industry may have it all wrong, in its new research piece...
Magellan looks to booming retirement market, launches FuturePay
Magellan Financial Group (ASX: MFG) last week released its long-awaited new retirement product, called FuturePay. The product launch comes at an important time...
Minimum pension reductions extended until 2022
Prime Minister Scott Morrison took the opportunity at this week’s Liberal Party meeting to confirm that the minimum pension drawdown standards would be...
Forget politics, retirement strategies the real battleground
People talk about the importance of taking the time to build a platform for any endeavour. If that’s the case for developing a commercial mass-market...