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Best Practice Forum - Retirement Income

11 November 2021

The Retirement Income Forum is a part of Financial Standard's annual Best Practice series for the financial advice community. It seeks to assist advisers and investment professionals in navigating through the array of strategies and considerations required for clients that are transitioning to or are already in retirement.

Advisers will hear from Australia's leading retirement income specialists, while gaining CPD hours.

Attend the Retirement Income Forum and walk away with insights on:

  • Retirement income trends and latest developments
  • Social security and ways to maximise entitlements while improving a client's overall financial wealth
  • Retirement income products and strategies for different client types
  • The emergence of aged care planning as a specialist field in financial advice
CPD Information
Financial Standard's Best Practice Forum - Retirement Income will be accredited by the Financial Planning Association (FPA) for CPD hours aligned to FASEA learning areas and ASIC Knowledge Requirements.

In 2020, the program was accredited by the FPA for 6 learning hours.

If you are after additional professional development content or would like to access the CPD content from the 2020 Best Practice Forum - Retirement Income, check out Financial Standard's CPD program FS Aspire CPD.

 
Event Partner
 
Agenda and speakers are subject to change
8:55am Welcome from Financial Standard
9:00am Early insights into the economic and investment market outlook for retirees in 2022
  • Prospects for fixed income assets offering an improved source of income
  • Will franking credit income bounce back?
9:30am What is a 'normal' retirement life?
  • What are typical retiree spending patterns
  • How do their investment/income needs, change as they progress through the so-called 'Three phases of retirement'
10:10am What did we learn from the Final Report of the Retirement Income Review (RIR)?
  • Retirees' preference to leave a legacy rather than spend all their capital  
  • How to convert capital assets into income to fund a better (more comfortable) lifestyle
10:50am Morning tea
11:10am Lifecycle and longevity models for retired people: How should they work?
  • Brief history of lifecycle funds and longevity products as well as how they are changing in different times
  • Difference between lifecycle and strategic asset allocation models
  • Why do lifecycle models change allocation as we get older and do these models change asset allocation according to market conditions?
  • Effect of cashflow on investment portfolio drawdowns
11:50am Income stream products - What's presently on offer?
  • Why we need to think more broadly to improve the choices for retirees
12:30pm How can retirees achieve certainty and control over their estate?
  • Advanced health directives and consent requirements
  • Enduring Power of Attorneys
  • Ascertaining testamentary capacity
  • Making a Will to best withstand challenges
  • Testamentary trusts
  • Appointing a guardian for children
1:10pm Lunch
1:40pm Financial scams
  • How can they guard against becoming easy targets?
  • Why are retirees typically targeted?
  • Is this another form of elder abuse?
2:20pm Retirement income in practice for advisers
  • How retirement planning is changing and will continue to do so over the next five years
  • Case studies used in practices
  • What have been the biggest challenges? 
2:00pm Closing remarks
THURSDAY
11 NOVEMBER 2021
9:00AM - 2:00PM
VIRTUAL COMPLIMENTARY FOR
FINANCIAL ADVISERS
 
Please only provide your business details in the below contact form. Your details will also be shown on your CPD certificate.
 
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