The Retirement Income Review is the first wholesale review of the retirement system in nearly three decades and presents a significant opportunity to further improve the system.
It should aim to build on the success of our universal super system, ensuring the pension and superannuation systems are working together as efficiently as possible so that Australians get the most out of every dollar in retirement with as efficient use of public resources as possible.
We welcomed the opportunity to provide comment on the goals, principles and performance of Australia’s retirement income system.
ISA made three separate submissions. The focus of our submissions was on how the three Pillars - compulsory superannuation, voluntary savings and the Age Pension - provide for people’s retirement.
Our three submissions (papers) focus on:
Our submissions and associated attachments are available here: