Search Results | Showing 31 - 40 of 65 results for "Retirement Standard" |
| | Digital advice is seen as a must by 80% of superannuation funds, yet less than 20% have engaged in or are looking to implement digital advice. A majority of super funds have only begun investing in online strategies in the last three years. New findings ... |
| | | ... unlikely to do anything about ensuring they achieve it. The Association of Superannuation Funds of Australia's Retirement Standard, which tracks the rise and fall of items included in average household budgets, shows that between June 2006 and March ... |
| | | ... a lower income, it varies for each individual." Traditionally superannuation funds have relied on the ASFA Retirement Standard of $59,619 a year for a couple and $43,372 a year for a single individual to benchmark how members are tracking retirement ... |
| | | ... retirement, according to the latest CommBank Retire Ready Index. The report, which bases their comfortable retirement standard on the Association of Superannuation Funds of Australia definition, said that an individual's superannuation savings, combined ... |
| | | ... 2016, the public policy think tank recommended that the committee reject the use of the ASFA 'comfortable' retirement standard as a benchmark for the system, saying that this standard supports an "affluent lifestyle more luxurious than most households ... |
| | | ... individual staff pay outcomes," Atkin said. He said these retirement readiness measures use ASFA's modest retirement standard as their target benchmark as they assess whether the member's individual and collective saving trends are on track to deliver ... |
| | | ... probability that a $50,000 annual income will last to 80%. McCulloch said it was important to remember ASFA's retirement standard estimates that older retirees need about 10% less than younger retirees to fund a comfortable standard of living. "This ... |
| | | ... tracking towards their retirement goals. While superannuation funds have traditionally relied on the ASFA retirement standard to benchmark how members are tracking, UniSuper's retirement adequacy index uses salary based targets to determine more individually ... |
| | | ... huge gap between the current average super balance, $112,000 for women and $198,000 for men, versus ASFA's Retirement Standard of $545,000 for a single person or $645,000 for a couple to live a comfortable lifestyle in their retirement." ASFA said that ... |
| | | ... the super sector with many Australians uncertain whether they will have enough money to maintain their pre-retirement standard of living. "In our view, superannuation's primary purpose is to smooth consumption over a person's life by replacing income ... |
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