Understanding super tax concessions
In recent weeks, there has been considerable public commentary about superannuation tax concessions. In particular, the discussion has focused on the Government’s suggestion that individuals with very high…
In recent weeks, there has been considerable public commentary about superannuation tax concessions. In particular, the discussion has focused on the Government’s suggestion that individuals with very high…
Whether as financial experts or as superannuation members, pretty much everyone wants a fair and effective superannuation system. A number of us from the Retirement Strategy Group…
Every Australian deserves a confident answer to basic questions like “How much do I need to retire?”, “How much can I spend in retirement with a high level of confidence?” and “How much Age Pension can I expect to receive?”. They also need to know how this will change if they contribute more or less to superannuation. However, the mathematics and assumptions to answer these basic questions with high confidence are surprisingly complex and deeply ‘actuarial’.
Welcome to the first instalment of the Climate Change Blog, an article series that aims to cover news and events related to climate change and relevant to actuaries and the industries they advise. This month’s edition summarises news relating to transition risk.
Posted 10 April 2018