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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.
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