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How YFYS could hurt super, forever

Nobody questions the need to fix super, although there appears little consensus on what needs to be changed and how. Treasurer Josh Frydenberg’s October “recovery” Budget delivered an unwelcome surprise to the $3 trillion super industry: a slew of reforms under the title ‘Your Future Your Super’ which could fundamentally alter retirement outcomes. The changes,…

Lachlan Maddock | 28th May 2021 | More
… and Mercer’s Knox talks ‘universal pension’

David Knox, Mercer senior partner, actuary and founder of the global pensions systems index, threw down a challenge to the Retirement Income Review to look at a ‘universal pension’ for all Australians. He is now talking to the industry. Knox, the lead author of the Mercer Global Pension Index, says Australia, which already has one…

Greg Bright | 19th Feb 2021 | More