In view of the forthcoming review of the retirement income system, it is necessary to think about the level of financial resources needed by Australians in retirement. So, what is the purpose of the system? Currently we do not have a clear objective, says Mercer's David Knox.
Dr David KnoxAugust 28, 2019
A campaign by the Grattan Institute against lifting the superannuation guarantee rate to 12 per cent is based on a “misleading” model, according to a new Mercer report released on Thursday. Mercer senior actuary David Knox said the Grattan findings used a series of assumptions that were not realistic for the average Australian.
Elizabeth FryAugust 1, 2019