Tag Archives: Super

Why Aussies love pensions (and we don’t).

Posted on September 1, 2021 by henry tapper

The Australian Regulator has produced a simple way for Australians saving into DC workplace pensions to look at their savings product and make a reasonable assessment of whether they are getting value for money. They are not using the complex … Continue reading →

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Does Britain need an Aussie style “Retirement Income Covenant”?

Posted on July 21, 2021 by henry tapper

  The Australian Treasury has recently consulted with its citizens on how to oblige Trustees of its huge Super funds to provide them with retirement income. There are parallels in the UK. Over the autumn and winter, the DWP will … Continue reading →

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IS AUSTRALIA’S RETIREMENT SYSTEM AS SUPER AS IT SEEMS?

Posted on March 30, 2021 by henry tapper

Hot on the heels of this morning’s blog , a jingoistic piece on the resurgence of the UK as a pension power, here is a blog by Robin Powell that explains rather better than I , the frailties of Australia’s much … Continue reading →

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

Posted on October 8, 2020 by henry tapper

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 →

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Retirement debate overlooks tax-payer funding

Posted on August 18, 2020 by henry tapper

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 →

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What MaPS can learn from Australia’s MoneySmart Retirement Planner

Posted on August 14, 2020 by henry tapper

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 →

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An advert you wouldn’t see in Britain!

Posted on July 10, 2020 by henry tapper

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 →

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Don’t cash-out your pension #buildbackbetter !

Posted on June 22, 2020 by henry tapper

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 →

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What are deferred annuities and why do they matter?

Posted on October 2, 2019 by henry tapper

  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 →

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

Posted on April 25, 2018 by henry tapper

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 →

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