Retirement needs higher purpose: ASFA CEOBY DARREN SNYDER | WEDNESDAY, 1 FEB 2017 12:54PM![]() Association of Superannuation Funds of Australia chief executive Martin Fahy believes the definition of retirement needs to move away from recreation and pursue a higher purpose. Related News |
Editor's Choice
Iress bets on AI as business transformation moves forward
|Iress is shifting its focus from business simplification to executing an ambitious artificial intelligence (AI)-driven product strategy that will help financial advisers slash work processes by nearly 40%.
Macquarie AM-led consortium finalises Qube takeover
|Macquarie Asset Management (MAM) and a consortium of global investors, including UniSuper and the family office of a Spanish billionaire, have completed their $11.7 billion acquisition of logistics and infrastructure giant Qube Holdings.
Alexis George takes on board appointment
|Former AMP chief executive Alexis George has taken on a new board position, five months after announcing her intention to retire.
CFS launches pension bonus
|Colonial First State (CFS) has launched new retirement solutions offering eligible members a one-off payment when moving from accumulation into retirement.
Further Reading
Products
Featured Profile

Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.








This reminded me of David Cameron's "big society" speeches.
It's "unfulfilling"? Say's who? I find retirement very fulfilling, much more than repetitious late in life employment which is very expensive (assuming young Marty is talking about the superannuated). We have worked and saved for retirement - blessed be to Hawke/Keating.
And "economically draining"? That's what superannuation is for - not to be a drain on the community.
This piece reads to me like "work till you drop (if you are), stupid". Was it Clinton that said this, or something like it?
Let Marty's generation "re-conceptualise" their thinking towards a higher purpose, the princess and I are off in the caravan.