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Opening up superannuation funds to more comprehensive financial advice could help solve some of the retirement income challenges Australians face, according to the Actuaries Institute.
Treasury reports have suggested Australians are dying with as much as 90 per cent of the super they had at retirement unspent. Here's what's set to change so baby boomers spend their super savings.
Two actuaries have urged for an overhaul of the current retirement framework to better prepare Australians for the future and improve the accessibility of general financial advice.
Financial advisers are increasingly turning towards lifetime annuities to meet clients’ needs in retirement, according to Challenger, while the government places more focus on product development.
RETIREMENT, St James — Stakeholders who readily admit there is squatting taking place in sections of this community are, however, unable to substantiate or debunk Prime Minister Andrew Holness's r...