In this age of dislocation and disruption, retirement requires a radical rethink to meet the futures needs and challenges of members’ retiring in the 21st century. Past notions of retirement will no longer cut it as retirement is now being reset so that it is fit for purpose. How will policy and the proposed retirement income covenant legislation redefine the retirement landscape going forward? How will superfunds and trustees provide for their members and deliver on retirements first principles of a more dependable income in retirement?
The one-day Retirement Conference is designed for chief executives, chief investment officers and heads of product and personnel working in member services and advice.
Some interesting ideas to translate to our member communications, particularly in terms of the comparisons we make to ‘average’ retirement amounts needed, and some of the subjective and objective insights into actual retiree behaviours.Lyn RogersSenior manager, communications, Commonwealth Bank Group Super
Different points of view being shared openly.Tom GordonTechnical partnership manager, group distribution, AIA
Listening to global views on retirement incomes was very beneficialWayne LimZurich Investments
The range of thoughts and opinions on how we are trying to solve common problems and sharing deeper insights into traditional thinking were very beneficial. I felt there was plenty of consensus that we need to advocate for freedom to tailor retirement income solutions that best meet the needs of our client base/membership.Tracee MulvihillGeneral manager, member advice, Hesta
Australia’s superannuation system is wrong in handing lump sums to Australians without protecting them for the whole of life, industry veteran David Orford says.
Taking risks with retirement balances may be counterintuitive but would probably improve prosperity, says Lesley-Ann Morgan, UK-based global head of defined contribution at investment manager Schroders.