Developing the retirement income framework

Transcript: https://actuaries.logicaldoc.cloud:443/download-ticket?ticketId=606e9734-10bf-4a70-a638-23518c89a2d4 DESCRIPTION: Today the Actuaries Institute releases another publication in its Dialogue series - Developing the retirement income framework. Written by Anthony Asher, Convenor of the Retirement Incomes Working Group, the Dialogue explores the case to be made for a compulsory longevity risk management element to be added to superannuation products. In this podcast, Anthony is joined by Jim Hennington to discuss the key points and recommendations of the Dialogue, which conclude that: - superannuation funds should include a longevity-based product in their retirement income offerings and provide retirees with greater levels of low-cost financial advice; and - having products that more efficiently manage longevity risk will result in higher living standards in retirement and better align the superannuation system with its objectives. Download the Dialogue Paper: https://actuaries.logicaldoc.cloud/download-ticket?ticketId=b6c596fe-d86e-4ed6-82b2-b9faeca533fd ABOUT THE ACTUARIES INSTITUTE: As the sole professional body for Members in Australia and overseas, the Actuaries Institute represents the interests of the profession to government, business and the community. Actuaries assess risks through long-term analyses, modelling and scenario planning across a wide range of business problems. This unrivalled expertise enables the profession to comment on a range of business-related issues including enterprise risk management and prudential regulation, retirement income policy, finance and investment, general insurance, life insurance and health financing. Find out more about actuaries https://www.actuaries.asn.au Follow the Institute of Actuaries on our social channels; LinkedIn: https://www.linkedin.com/company/792645/ Facebook: https://www.facebook.com/pages/Actuaries-Institute/183337668450632 Instagram: https://www.instagram.com/ActuariesInst Twitter: https://www.twitter.com/ActuariesInst