Most Australians to Struggle in Retirement

Most Australians will struggle to save enough for a comfortable retirement or even to meet their aged care costs, according to research commissioned by the CSRI and carried out by Phil Gallagher of Industry Super Australia, formerly the retirement income modeler at Federal Treasury for 21 years. “These results are a wake-up call to policymakers,”… Read More

Superannuation Deal Just a First Step to Retirement Adequacy

The deal struck on the federal government’s superannuation package opens the door to a wider policy debate about how to deliver more adequate and sustainable retirement incomes, an independent think tank said today. The Committee for Sustainable Retirement Incomes (CSRI), a non-partisan body that brings together industry, policy, consumer and academic groups to collaborate on… Read More

Retirement Income Shift Highlights Need for Innovation

Australians’ growing preference for income streams in retirement over lump sums highlights the need for greater innovation and reform of the retirement income system, according to an independent think-tank. The Committee for Sustainable Retirement Incomes (CSRI), a non-partisan and non-profit body of academic and policy experts, says while Australians entering retirement are now leaning towards… Read More