Uncertainty and the Age Pension – Watson Wyatt

  • 18 November, 2008
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081118 - Watson Wyatt cover.jpgWatson Wyatt examines the importance of the age pension as a vital part of post-retirement income for most Australians and how its characteristics need to be considered when planning how to invest other retirement savings, such as account-based pensions. This View examines questions such as:

*    How valuable in the age pension?

*    Is the age pension too significant to ignore in planning for

retirement?

*    How does the age pension help to address longevity and

investment risks in retirement?

*    What combined income (age pension plus account-based pension)

can be expected?

This is particularly topical with the Harmer review of the age pension currently in progress.

 
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