Insights

An effective retirement income strategy can help clients safely and confidently spend their super savings. Understanding the broad mechanics of some common retirement income strategies can help you better meet the needs of clients who are seeking sustainable and stable income, coupled with flexible access to their retirement savings when they need it.

A long-awaited measure allowing clients with super legacy pensions such as market linked, lifetime complying or life expectancy complying pensions, to exit these restrictive income streams is now law.

Our latest report, "Towards a Retirement Income Philosophy," developed in collaboration with Ensombl, explores these nuances in depth, offering valuable insights from five leading financial advisers.

When it comes to the quest for reliable income in retirement, global retirement markets share many similarities. Drawing on the US experience, where innovative solutions have shaped retirement planning for over a decade, can offer Australia crucial perspectives as it develops its own strategies.

On 20 November 2024, the Albanese Government announced a suite of policy reforms targeting the retirement phase of superannuation, including a proposed legislative change that will allow product providers and funds to offer new retirement product features. The policy changes include four measures designed to complement the Delivering Better Financial Outcomes Package reforming financial advice laws.

Lifetime income streams that align with the social security Capital Access Schedule receive special means test treatment under the Assets Test, but that comes with trade-offs – which not all clients need to make…

In days gone by, retirement marked a definitive line in the sand; a hard deadline at which a person would hang up their boots and transition to a life of leisure, a life they'd live for the next 15 or 20 years.

Social security - how income from boarders and lodgers is assessed and how it may impact the Age Pension or other social security benefits.