As our system continues to mature, the rate of Superannuation Guarantee contributions increases and average balances rise, a range of options is becoming available to future retirees. Funds will continue to play a role in helping members accumulate, but what strategies can be adopted to assist people manage lifestyle expectations and longevity risk as they enter retirement? What outcomes will satisfy members, government and regulators?
With an average of 200,000 Australians retiring each year, this is a growing member cohort for funds to support. ASFA’s inaugural Spotlight on Retirement will put bold thinking on the agenda as well as strategies to drive the best outcomes through advice.