No Reg Guidance on Covenant Retirement, Risk and Regulation, Women in Finance APRA has no plans to issue detailed regulatory guidance on the retirement covenant, but expects funds to monitor their income strategies over time and improve it where necessary. Read More
Government Legislates Retirement Covenant Retirement, Risk and Regulation The Retirement Income Covenant is on track to start on 1 July this year, after Parliament passed a bill that wrote the covenant into legislation. Read More
A Guide to Retirement Guides, Retirement As more superannuation members retire, the need to develop robust retirement options that combine the need for income, some form of longevity protection and appropriate levels of risk into one platform has never been greater. But this is no easy task. Read More
Nudging or Defaulting for Retirement? Retirement The retirement income covenant might want to place obligations on trustees to nudge members towards recommended retirement strategies, Geoff Warren argues. Read More
Retirement Adequacy Remains Unsolved Asset Owners, Retirement, Women in Finance The retirement income covenant seems to imply Australia has solved the retirement adequacy problem. But Sunsuper’s Anne Fuchs doesn’t see this reflected in the circumstances of the fund’s members. Segmenting your member base might be a better way to address member outcomes Read More
Retirement A Top Priority for Funds Retirement The introduction of the Retirement Income Covenant and stapling of super accounts next year has pushed the development of retirement options to the top of super fund’s list of priorities. We spoke to Fintan Thornton of Allianz Retire+ about what shape these options might take. Read More
Risking Retirement Income Uncertainty Retirement Retirement products should be designed with the aim of creating income sufficiency, rather than wealth maximisation, Michael Drew and Jason West argue in a new paper. Read More
Behind QSuper’s Retirement Design Asset Owners, Retirement [i3] Insights speaks with Brnic Van Wyk and Ben Hillier about the design behind QSuper’s newly launched retirement option. Read More
Designing Default Retirement Plans Innovation, Opinion, Retirement Academics, practitioners, consultants and fund managers have come together to develop a new framework for designing default retirement plans. In this article, they give an insight into how to implement such a framework and what the implications for members are. Read More