The Actuaries Institute recently published a paper authored by Dr Anthony Asher titled: Developing the Retirement Income Framework.
I sat down to talk to Associate Professor Anthony Asher about longevity risk, retirement income options and the trade-off between an income that lasts for life, access to cash and leaving a bequest.
“Having products that more efficiently manage longevity risk will result in higher standards of living in retirement and will better align the superannuation system with its objective.”
I hope you enjoy, and please let me know if you have any questions or comments.
The paper ‘Developing the Retirement Income Framework‘ by Dr Anthony Asher is available for download from the Actuaries Institute here.