Jeremy Cooper: Rethinking retirementBY JAMES FERNYHOUGH | THURSDAY, 29 MAY 2014 11:30AMChallenger's Jeremy Cooper talks to FS Super associate editor James Fernyhough about retirement income, challenging some widely-held beliefs about the drawdown phase of superannuation. Related News |
Editor's Choice
The top investment funds over the past year
The top-performing investment funds for the year ending March 31 have been announced, with all being ETFs focused on international equities.
AFCA finds more Dixon Advisory victims
The Australian Financial Complaints Authority added 544 more Dixon Advisory-specific victims to total 2492 complaints at the end of April, which will further exacerbate the levy financial advisers must pay.
Senior Cbus investment manager exits
Cbus' head of total portfolio management has left the fund, while a former JANA executive has joined its infrastructure team.
Quality of retirement does not depend on super balance: Bragg
The Senate Economics Committee has released its interim report into using super for housing.
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.
Great thinking, but oh so late. We have always had an accumulation system in Australia. Some other countries (no need to mention names as it may cause comments of "We are in Australia now", talked only of income at retirement.
Accumulation systems get raided at retirement which defeats the purpose of having superannuation.
What we need to do is to organise proper income funds that will last for the rest of life. This was talked about some 40 to 45 years ago, but the government never wanted to move on it.
Will they now?