The Retirement Income Review (Callaghan) report concluded that the Australian retirement income system is effective, sound and its costs are broadly sustainable. This paper examines the report's suggested 'optimal use' of superannuation savings, suggesting it is not in fact practicable and proposing alternative drawdown arrangements...
This report informed the work of the 2020 Retirement Income Review, by presenting results from an online survey about retirement planning, saving and attitudes.
This review report covers the current state of the superannuation system and how it will perform in the future as Australians live longer and the population ages. The review considered the incentives for people to self-fund their retirement, the fiscal sustainability of the system, the...
Australia’s $3 trillion superannuation system is the fourth largest in the world and is responsible for managing the retirement savings of 16 million Australians. This document outlines some reform options to make the superannuation system better for members.
Does the early release of retirement savings prolong labour market participation for workers approaching retirement? Evidence from Australia's 'Transition to Retirement Income Streams' program
The Transition to Retirement Income Streams (TRIS) program is a novel approach to incentivise the labour supply of older workers. This paper considers the effect of the program in the context of a life cycle model and empirically examines the effects on labour supply and...
Industry Super Australia (ISA), in the context of the federal government’s Retirement Income Review, commissioned this research from Rice Warner to assess the impacts of various policy options utilising their comprehensive econometric model of the Australian superannuation system.
This report shows industry super funds’ investment performance has added billions of dollars to members’ retirement savings and deepened Australia's national savings pool, helping protect the economy during downturns. The report includes forecasts based on the present legislated scenario of small, incremental increases in the...
This report details the size, growth, depth and performance of the Australian responsible investment market over 12 months to 31 December 2019 and compares these results with the broader Australian financial market.
This briefing note examines the long-term impact of the COVID early superannuation release scheme on retirement incomes and age pension entitlements.
This report looks at the history of superannuation for Australian women, marks its progress towards equity, and identifies what more could to be done to improve the system in order to mitigate women’s vulnerability to poverty in retirement.