Retirement income review consultation paper released (debating to follow)

Treasury has released a consultation paper on the retirement income review (or click here for a PDF version). The independent review, recommended by the Productivity Commission, established a panel that has been tasked with establishing a fact base — that is, it will not be making “recommendations”. The review is intended to help improve understanding

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Spike in the number of people intending to retire soon

The number of Australians intending to retire within the next year has been estimated at 415,000, according to new research put out by Roy Morgan Research. This is a 27% increase on the level recorded in 2008, when the figure was 327,000. Roy Morgan says the magnitude of these impending retirements, coupled with what it

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A well-provided retirement? Rely on investment returns, not contributions

The contentious area of contribution caps is something that many SMSF trustees grapple with, but a new report may re-cast this as an overdone concern, especially regarding the eventual level of retirement savings that members end up with. A related factor (about which many may have already pondered) is how much of one’s eventual total

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