ASFA, Super Consumers Australia revise retirement standardsBY CHLOE WALKER | MONDAY, 28 AUG 2023 12:25PMAustralian retirees continue to face cost pressures as historically high consumer price inflation drives up the price of everyday items, driving both the Association of Superannuation Funds Australia (ASFA) and Super Consumers Australia (SCA) to increase their retirement standards. Related News |
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If super funds actively educated their members in staying healthier and productive longer, those that benefited would also boost their financial situation and face a more attractive longevity with a likely shorter period of dependency. They might also appreciate their ability to engage more productively with their younger family members and support achieving their financial independenc earlier. And they might feel their super funds are someone with more than just their financial interests at heart. Win-win-win?.