The drawdown or spending phase of superannuation is ripe for greater attention and development by funds. In this ‘Viewpoints’, Head of Retirement Solutions Nick Callil says it’s time for the purpose of superannuation to be clearly defined and to challenge long-held tenets about how individuals use their accumulated funds in retirement.
The paper discusses the “spend the income” mindset among retirees, shows the benefits of tailored drawdown strategies and considers what can be done to improve the spending phase, including enhanced retirement income estimates, well-designed drawdown rules and better retirement products.
| Title | File Type | File Size |
|---|---|---|
| Viewpoints Superannuation is for spending | .5 MB |
