The Senate Economics Reference Committee will soon hold an inquiry into how best to improve the Australian retirement system. It's due to be reported by June 30th next year. What should Australians expect in retirement? How best should superannuation savings be applied during retirement. Is it wise to do as many older Australians do and hold back on spending super or is there alternative ideas?
Actuary and a former chairman of the Self-Managed Super Fund Association, Andrew Gale, and Stephen Huppert, Actuary and superannuation adviser have written a paper called Retirement Matters published by the Actuaries Institute and in it they suggest that it's time for some creative thinking around retirement and joined Philip Clark on Nightlife to look at ways we can re-imagine our latter years.
