Orford Foundation

A legacy of
Positive Impact

Established in 2017 the Orford Foundation is committed to supporting, launching, and sustaining projects that align with the Orford family’s core values and interests.

Our FOCUS

Research and product development to further David Orford’s lifelong mission to help Australians lead a comfortable, financially secure, and enjoyable retirement.

Additional areas of initiatives:

Renewable energy solutions to minimise climate change

Homelessness solutions

Australian water resources

Australia First Nations peoples’ needs

Key Projects

The Orford Initiative
University of New South Wales

The Orford Initiative is a three-and-a-half-year project conducted independently by UNSW to “Investigate Strategies that Could Enhance Awareness, Interest, Understanding and Take-up of Lifetime Annuities In Australia.

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blueprint institute

A Behavioural Finance Review

 

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In conjunction with the Blueprint Institute the Orford Foundation has commissioned Simon Russell from Behavioural Finance Australia to investigate and identify behavioural strategies that could enhance awareness, interest, understanding, and take-up of lifetime incomes in Australia — by bridging the gap between academic insight and the day-to-day practices of superannuation funds and financial advisers. The report builds on research previously commissioned by the Orford Foundation.

Actuaries Institute.

Mortality Tables
Actuaries Institute of Australia

As there were no mortality tables in Australia that would allow Australian actuaries to confidently price lifetime annuities and pensions – so that a viable market for lifetime annuities might develop, the Orford Foundation requested the Actuaries Institute of Australia to produce such tables using the services of Alun Stevens. Unfortunately, the two largest longevity insurers in Australia refused to participate in this study which meant that the far richer mortality experience from the United Kingdom’s Continuous Mortality Investigation body was used to produce the required mortality tables.

The Orford Initiative
Melbourne Business School

The Orford Initiative is a three-year project conducted independently by Melbourne Business School investigating key issues within the Australian Retirement Ecosystem, funded by the Orford Foundation in collaboration with the Melbourne Business School.

The project will ultimately help retirees in Australia to optimise their lifestyle post-retirement for the duration of their retirement.

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Orford Foundation IN THE MEDIA

Published: Study finds greater demand for annuities than expected (Investor Daily)

Published: How to benefit most from annuities (SMSF Advisor)

Media Release: Orford Initiative to look into conflicting views of retirement in Australia

Featured Research: financialcapability.gov.au (ASIC)

Published: Melbourne Business School appoints head of retiree security (Money Management)

Media Release: Why David Orford wants to change the way Australians think about super

Media Release: Alumnus David Orford donates $900K for retirement research

“Improving retirement outcomes for all Australians has always been my focus. To optimise retirement income and create an equitable and comfortable retirement for everyone.”

David Orford

FOUNDER, MANAGING DIRECTOR

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