What dividend imputation means for retirement savers
A stochastic life-cycle model is used in this report to examine the implications for Australian retirees of full access to dividend imputation credits. We find that the availability of imputation credits can justify a significant bias towards Australian equities in retirement portfolios, largely at the...
Delegation, trust and defaulting in retirement savings: Perspectives from plan executives and members
We combine survey data from retirement plan members with information from interviews with plan executives to get both perspectives on who accepts the default plan and default investment option and why. We use a natural experiment in default construction where a new regulatory framework required...
MySuper: A Stage in an Evolutionary Process
We interview Australian fund executives about how their organisations responded to MySuper, a regulatory framework for default retirement savings funds that providers were required to have in place by the beginning of 2014. In addition to providing an account of the influences on product design...
The superannuation system and its regulation: views from fund executives
This paper summarizes views on the superannuation system and its regulation collected through interviews of fund executives.