Tag Archives: Super

Aussies put pensions to the test (could Britain follow?)

Posted on October 8, 2020 by

With characteristic bluntness, the Australian Government has decided that if a pension fund is not delivering to its users, it will be starved of new savers until it does. The Australian Taxation Office (ATO) will develop systems that will enable … Continue reading →

Posted in advice gap, age wage | Tagged , , , , | Leave a comment

Retirement debate overlooks tax-payer funding

Posted on August 18, 2020 by

This is another article shared with us by Jim Hennington. There is something very simple about the way that Australians debate pensions and I  found this article informs very well on the ongoing debate we have in the UK. Clearly … Continue reading →

Posted in pensions | Tagged , , , , , | Leave a comment

What MaPS can learn from Australia’s MoneySmart Retirement Planner

Posted on August 14, 2020 by

The Australian Government has built what it calls the MoneySmart Retirement Planner which is a dashboard tool. You plug in your savings in “Super” and tell the planner a little about yourself (and your partner) and within five minutes you … Continue reading →

Posted in actuaries, advice gap, pensions | Tagged , , , , | Leave a comment

An advert you wouldn’t see in Britain!

Posted on July 10, 2020 by

Most UK pension people  will look at this advert (on Linked in) with bemusement, some may think it a scam, but I know the people behind this initiative and that, in Australia, they are in earnest for good. This article … Continue reading →

Posted in actuaries, advice gap, age wage, pensions | Tagged , , , , , , | Leave a comment

Don’t cash-out your pension #buildbackbetter !

Posted on June 22, 2020 by

This blog is about how we make sure we have enough cash to pay the bills (including the butcher’s bills) Cashing out pensions – the lure In its recent policy statement (P20/6), the FCA leaves two carve-outs (loopholes) for advisers … Continue reading →

Posted in advice gap, age wage, Australia, auto-enrolment, pensions | Tagged , , , , , , | 1 Comment

What are deferred annuities and why do they matter?

Posted on October 2, 2019 by

  Cooper and Cumbo – Aussie dream team In a real example, an Aussie who bought a $10,000 deferred annuity at 65 would receive an annual income of $1741 a year from age 85, if they survived to that age. … Continue reading →

Posted in advice gap, age wage, annuity, pensions | Tagged , , , , , , , | 4 Comments

Watch out for that land down under! Australia’s as confused as we are!

Posted on April 25, 2018 by

Australia is the land where the market never crashes. It is  a nation of double digit compulsory pension contributors , of universal pension engagement and an example to us all. Well some of this is true, but if recent reports coming out of … Continue reading →

Posted in pensions | Tagged , , , , , | Leave a comment

Aussie’s are “Super Pension Savvy” – why aren’t we?

Posted on January 4, 2018 by

As most people (in pensions) know, Australia has a thriving retirement savings industry that works because there is a social contract between Government, Unions and Employers to fund workers pensions at ever-increasing amounts. I don’t want to do a teach in – … Continue reading →

Posted in advice gap, Australia, auto-enrolment, cricket, dc pensions, pensions | Tagged , , , , , , | 3 Comments

Advance Australia Fair!

Posted on April 15, 2015 by

I have never been to Australia, I should go I know, but we have Earl’s Court. My good friend Jim Hennington has recently returned to his native Oz after a few years over here teaching us some tricks on how to … Continue reading →

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , | 4 Comments