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Member Outcomes: Bringing Retirement Adequacy to the Forefront

02 September 2020
Danielle Bose, Head of Retirement Strategies | Neil Maines, Consultant

JANA believes a key outcome of the SPS515 requirements is the enhanced focus on retirement adequacy.  That is, what amount of retirement income is a superannuation fund’s default MySuper option expected to deliver for a fund’s members?  Assessing retirement adequacy for a complex entity like a superannuation fund can be challenging but we firmly believe this important endeavour can be achieved. We have outlined a practical, robust and flexible framework in the article below. 

 

Danielle BoseNeil Maines