Leaders and laggards in retirement income responses ‘a real problem’: APRA, ASIC
Three years on from the introduction of the Retirement Income Covenant, research by the joint superannuation industry regulators ASIC and APRA suggests a gap emerging between the best and worst responses. They have told the Conexus Retirement Leaders Summit in Canberra that despite progress even since last year, the industry still has more to do to ensure it supports Australians transitioning into retirement.
Regulation