Inconsistencies across RIC strategies: MercerBY ANDREW MCKEAN | FRIDAY, 16 SEP 2022 12:37PMMercer analysis of publicly available retirement income strategy summaries shows a great disparity between super funds' approaches. Related News |
Editor's Choice
Vanguard Super lowers fees
Vanguard Super is reducing its annual administration fees off the back of strong investment performance and its short time in the market.
Chief member officer leaves Insignia Financial
Insignia Financial is on the hunt for a new chief member officer for its superannuation business, confirming the departure of Anne Coyne.
Super for housing 'economically reckless': SMC
The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings.
Treasury shakes up foreign investing framework
Treasury is promising to make Australia a better investment hub for foreigners as it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent".
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
The RIC may be causing problems for super funds. Yet they are in the enviable position of being able to influence their older members (and their partners) in making the best of the rest of their lives, through longevity planning. This prepares them to deal with the decisions around the age of entitlement to the age pension, which has become the proxy for 'entitlement to retire'.
Longevity planning also builds relationships and provides the holistic basis for decisions covering work and other activities, where to live, and for better member health, financial and estate planning choices immediately and down the track. It provides the common ground for all advice.