Government, not super funds, should be guiding decumulation: Grattan
The inertia that rules the retirement system means bigger ideas are needed if members are going to get the best outcome in retirement. And with millions set to retire in the next few years, time is of the essence.
Advisers in the lurch as Clearview 'terminates' $1.5B WealthFoundations retirement product
Clearview and trustee ETSL have raised eyebrows and confused advisers by shifting the popular WealthFoundations super and pension product to investment platform provider HUB24. "It's like a power plant being run by a battery," says adviser Jason Poole. "It makes no sense."
Retirement income perceptions bear little relationship to reality
Peoples' notion of how they will fund their retirement habitually downplays the role of social security. Reflecting a lack of understanding about how the different income streams interact, it behoves superannuation funds to better educate their members.
Super funds failing to understand the needs of vast middle market: Report
The financial needs of a staggering 64 per cent of retirees sit beyond the comprehension of super funds, a new report states, because there is too much complexity involved when retirement income isn't enough to satisfy lifestyle ambitions.
Did the Future Fund get it wrong?
The Future Fund’s decision to take risk off the table resulted in a lacklustre return and criticism from the super sector. But advisers know the journey matters as much as the destination.
Exit strategies for advisers in the new era
With commissions gone, financial advisers can no longer rely on swollen prices when they sell their practice according to Helen Nan. Exiting to retirement now means planning like an adviser would.
Has there been a better time for retirees to invest?
Ever since the GFC interest rates around the world have been on a trajectory to zero, which acted as a proxy tax on investing for retirement for millions. But the current economic is a whole new ball game, writes Drew Meredith.
Death benefit litigation puts SMSF management in focus
Litigation involving estate planning and superannuation is ramping up, with major impacts on self-managed super funds, and in particular trustee obligations. Cooper Grace Ward partner Hayley Mitchell discusses key recent case law and what it means for estate planning and SMSF management.
Finally, a win for retirees
The ATO delivered some positive news, approving fractional property investment platform Domacom's' application to broaden the use of the $300,000 downsizer contribution.
Social housing - A potential for good returns while helping those in need
A nascent asset class is emerging on the back of the roll out of the National Disability Insurance Scheme (NDIS). NDIS is a welfare support scheme of the Australian Government that funds costs associated with disability.
There is a problem with retirement incomes but it isn't the super guarantee
There is a case for not proceeding with, or at least further deferring, the legislated increase in employers' compulsory superannuation contributions from 9.5 per cent to 12 per cent.
