Within just a fortnight, almost every key number in Australia’s retirement system has either changed, or is about to. The Association of Superannuation Funds of Australia, known as ASFA, has just updated its retirement benchmarks for the first time in three years. And the shift is significant.
I sit down with ASFA CEO Mary Delahunty to explain all of the changes.
You can find the new ASFA retirement standards here: https://www.superannuation.asn.au/consumers/retirement-standard/
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Prime Time with Bec Wilson