Changing mindsets: From wealth creation to delivering retirement incomes

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  • Deprecated function: The each() function is deprecated. This message will be suppressed on further calls in _menu_load_objects() (line 579 of /var/www/drupal-7.x/includes/menu.inc).
  • Deprecated function: implode(): Passing glue string after array is deprecated. Swap the parameters in drupal_get_feeds() (line 394 of /var/www/drupal-7.x/includes/common.inc).
Published by Anonymous (not verified) on Mon, 18/03/2024 - 4:55am in

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Economy, Politics

Australia’s superannuation system is based upon defined contributions, largely because that avoids the main weakness of many overseas systems based on defined benefits of rising costs for future generations. The tendency, however, is to focus on the wealth creation from the defined contributions, not on the delivery of secure retirement incomes that is the focus Continue reading »