In a low interest rate environment, debate has been sparked about whether ‘safe’ pension withdrawal rates are still safe. With the economic impact of the coronavirus also putting pressure on share prices and dividend payments, the issue is more topical than ever.
Set out below are all SuperGuide articles that relate to Super pensions.
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Today’s retirees are being given a masterclass in risk, thanks to the brutal impact of the coronavirus on global markets.
One of the benefits of retirement is that you can start to withdraw your superannuation tax-free. That doesn’t mean it’s a rule-free zone.
On 22 March 2020 the Federal Government announced that the minimum pension drawdown rates would be halved for the 2019/20 and 2020/21 financial years.
An investment-linked annuity is a lifetime income stream where the retiree’s income varies to reflect changes in the value of a selected investment option.
In this video interview Ian Fryer, Head of Research at Chant West, shares some insights into choosing a pension fund, including how choosing a pension fund is different to choosing a super fund, what the process is to starting a pension, and what investment option to consider in retirement.
Most super funds offer a range of super pension products, so you have lots of choices when it comes to investment options.
The most popular type of superannuation pension is an account-based pension, which is also the main type of super pension available to retirees. The technical term for a superannuation pension is a ‘complying pension’ (that is complying with the superannuation rules).
Annuities are relatively simple and secure financial products that provide a guaranteed pay cheque in retirement in return for investing a lump sum for the rest of your life, or for a specified period.