Show me the money! The ASFA Retirement Standard [1] is released every quarter and benchmarks the living costs for Australians seeking either a modest or a comfortable retirement lifestyle. The Retirement Standard was first published back in 2004. Considering increases in living costs due to inflation, these quarterly results provide...
Extension of the temporary reduction in pension minimum drawdown rates
The Government has announced an extension of the temporary reduction in superannuation minimum drawdown rates for a further year to 30 June 2022. While not everyone will be in a position to do this, it may be helpful for retirees who want to conserve their assets and don’t require all of...