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
Legislating opt-in only life cover inside super for active members with low balance accounts will harm the insurance industry and hurt many members, Rice Warner says.
Elizabeth FryJuly 17, 2019
Research house Rice Warner has backed the corporate watchdog’s move to ensure that estimates produced by superannuation and retirement calculators are adjusted for inflation and rising living costs.
Elizabeth FryJune 11, 2019