By Leith van Onselen Fairfax’s Michael West has published a ripper article questioning the merits of Australia’s superannuation system, which he argues is overly generous to higher income earners. From The Age: Super tax concessions cost the taxpayer about $32 billion a year, according to Treasury. The bulk of this, says [actuary Geoff] Dunsford, goes
In the rich world, men are closing the longevity gap with women | Science & technology
Australia’s population will both grow strongly and become older according to research released by the Government. Such slow but profound shifts in the nature of a society do not elicit the same scrutiny as immediate policy issues. The preferable time to contemplate the implications is while these near-inevitable trends are still in their infancy. Population…
No, the superannuation status quo can't last. There need to be changes. Some very rich and powerful institutions and many individuals won't like it.
A report released exclusively to The New Daily shows that women are far more likely than men to live in poverty when their working lives are over.
Around the world, older generations are becoming the dominant demographic groups.
Gain insight into Stockspot’s Sustainable Portfolios and take a deep dive into which ethical companies make up each portfolio.
Google Ngram: occurrences of pension & annuity in books 1800-2008
There are powerful vested interests pushing the idea that Australians need to save more for retirement.
We’ll Live to 100: Confronting the ‘Savings Gap’ Peril
The peak of increase in life expectancy may not be as close as you think. Steven Baxter and Andrew Gaches explain the possible pitfalls
“Different countries, different retirement ages. See how New Zealand compares with Australia and others. #KiwiSaver”
World Population Prospects, the 2012 Revision
I OPENED my superannuation statement today and was rendered speechless, something which, as people who know me could attest, has not happened since the incident concerning the inadvisable quantity of peanut paste in the late '70s.
Australia boasts what is perhaps the most generous middle-class welfare system in the world.
MLC have today released their quarterly Australian Wealth Sentiment Survey, which is based on the responses of 2,062 participants to seven questions related to: Current financial situation – asking respondents to indicate current holdings in each asset class. Investment intentions – asking the respondents whether they are likely to invest more or less. Net values
Industry funds are taking to social media engagement, but an aversion to risk and leaner resourcing means Australian funds still lag behind other
Britain’s demographic crunch will arrive suddenly | Britain
Australian retirees have been the hardest hit by the global financial crisis, international study finds.
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