Financial Standard Comments - Frontier calls out structural super fund flaws Frontier Advisors contends that superannuation fund designs inadvertently minimise retirees' income, contravening funds' obligation to provide the best possible outcomes for their members. https://www.financialstandard.com.au/feed/latest?story=179801882 Fri, 03 Nov 2023 06:29:58 +1100 Fri, 03 Nov 2023 06:29:58 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by David Orford (Optimum Pensions Pty Ltd)

Inertia is not a structural problem. In Canada most pension plans ( we call them super funds) offer lifetime incomes which offset longevity risk. Australians generally don't understand this risk - which is the greatest risk post- retirement.

Australian super funds can and do now offer lifetime pensions. These are Account Based Pensions which also offset longevity risk

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]]> David Orford (Optimum Pensions Pty Ltd) Fri, 03 Nov 2023 06:29:58 +1100