Cuffelinks will not publish its usual original content this week due to the public holidays, but two important articles are featured in Cuffelinks Newsletter Edition 59 (photo is Howard Marks of Oaktree).
Tag Archives | superannuation Australia
Retirement often receives bad press, but whether or not you enjoy this life phase usually depends on the choices created. It’s a nuanced and diverse experience and many welcome the sudden freedom.
Superannuation is increasingly attracting the attention of people who expected to be beneficiaries of an estate. Many are dismayed that superannuation is not treated the same as other assets under the will.
Australia has an enormous opportunity to build a world-class decumulation system that gives individuals security and flexibility in retirement, but it’s different from the accumulation phase.
Australia’s superannuation system has been judged to be the third best retirement system in the world. This is a good result, but Denmark’s system shows how the judges think it can be improved.
Australian superannuation is a highly dynamic industry, as this review of 2013-2033 shows. For many retirees, institutional funds, whether industry or retail funds, have not been able to compete with the attraction of SMSFs.
How is Buffett anything like a 60-year-old retiree who either cannot or does not want to work full-time anymore? Despite what the books say, you can’t ‘invest like Buffett’ and focus on preservation of capital in retirement.
The range in post-retirement standards of living is highly likely to be viewed as unacceptable by retirees who have been forced to defer part of their income to retirement savings. Here’s a possible solution.
IBISWorld is Australia’s best-known business information corporation and has provided this summary of the current superannuation landscape exclusively for Cuffelinks.
* 47% of Australians are likely to have missing superannuation worth $18 billion. It’s easy to check directly on the Money Smart website.