MySuper progresses to MyRetirementBY DARREN SNYDER | FRIDAY, 16 DEC 2016 1:07PMThe Federal Government is taking a leaf out of the MySuper playbook, suggesting Comprehensive Income Products for Retirement become MyRetirement products. Related News |
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Paul Heath
CHIEF EXECUTIVE OFFICER
KODA CAPITAL PTY LTD
KODA CAPITAL PTY LTD
Koda Capital chief executive and founding partner Paul Heath grew up a stone's throw from the company's chair Steve Tucker in Perth. Their eventual collaboration gave rise to one of Australia's premier independent wealth management firms. Andrew McKean writes.
"It will be an efficient retirement income stream product that provides higher income compared to investing fully in an account-based pension drawn down at minimum rates or a guaranteed level of income, the Treasury paper said."
I can't wait to buy one of those!