Every three years, under the New Zealand Superannuation and Retirement Income Act 2001 the Commission for Financial Literacy and Retirement Income is required to conduct a review of retirement incomes, to be submitted to the government. This article presents a summary and discussion of their 2013 report, entitled Focusing on the Future. The commission is...

Decumulation in the retirement income context is the using up of retirement savings by way of drawing out regular income – for example, a fixed amount each month. It’s the converse of accumulating retirement savings while in paid work by regularly putting money aside. And return on investment plays its part in both: in the...

This paper argues that Australia's current retirement income system is inadequate for meeting the longevity challenge, does not allow people to sufficiently manage longevity risk, and promotes financial inequality.

The ageing population is changing Australia. Like any change, it is accompanied by both challenges and opportunities. Regional Australia is ageing faster than the rest of the country. With Baby Boomers making up 39 per cent of the regional workforce, our regions are at the forefront of the economic and social changes that will come...

Australia’s superannuation system has transformed the way Australians think about their retirement. But as the size of the funds increase there is additional scrutiny surrounding the governance structures in place to administer the savings of members. The new Federal Government has kick-started the debate with its discussion paper: Better regulation and governance, enhanced transparency and...