If Australians are not to live unnecessarily frugally in retirement and the government is to reduce dependence of retirees on the public purse, upcoming decisions on the means testing of longevity products will be critical, writes Patricia Pascuzzo.
Dr Vince FitzGerald is one of Australia’s most respected economists. A former senior public servant and now consultant, he has been writing and researching issues around savings, retirement, the aging population and fiscal implications for decades. He is the author of the much cited and influential National Savings Report to the federal government in 1993. In… Read More