Author Archive for: Michael Elsworth

Entries by Michael Elsworth


Retirement Income Review – what you should know

What is it? In September 2019, Treasurer Josh Frydenberg announced a long-awaited independent review of Australia’s retirement income system. The review, recommended by the Productivity Commission, will examine the retirement income system’s ‘three pillars’ – the age pension, superannuation, and voluntary savings, including home ownership. The Commission urged the government to carry out the review […]

Superannuation Guarantee – time to pause & reflect or full steam ahead?

After almost 30 years since the introduction of compulsory superannuation in Australia, many practitioners have called for a review of the superannuation guarantee (SG) system before the legislated increase in employers’ compulsory contributions from 9.5% to 12% by 2025. These increases are:  Period Super Guarantee (%)  1 July 2002 – 30 June 2013 9.00  1 July […]

Building a goals-based investment portfolio

For many, approaching retirement is often characterised by heightened emotion and anxiety associated with competing life goals and financial objectives. Each of these will typically have different time horizons and be prioritised in different ways. Most retirement portfolio construction approaches rely solely on risk profiling as the primary mechanism to determine the ‘optimal’ retirement portfolio. […]

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