Insights

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.

Market volatility is again in the headlines, which is why protected growth in the lead-up to retirement is so crucial.

Being an early adopter of guaranteed lifetime income products requires commitment, ongoing education and a willingness to embrace change. It’s important to be well-equipped to overcome misconceptions, manage reluctance and promote better understanding around the topic.

In the latest episode of the Relative Return podcast, host Maja Garaca Djurdjevic speaks with Justine Marquet, head of technical services at Allianz Retire+, to discuss the financial and emotional challenges that consumers face as they approach retirement.