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

A Holistic Approach

Australia has not had a comprehensive review of its retirement income policies in nearly 30 years. Superannuation and the age pension have grown alongside each other, but separately. Policy changes have been piecemeal and usually related to budget imperatives. While government has commissioned reviews in the last two years into the financial system, taxation and… Read More