What is the purpose of superannuation?

[ad_1] The Australian retirement income system consists of three pillars: The government funded means-tested age pension, Compulsory superannuation, and Private savings, including voluntary superannuation savings. (more…)

How much should I draw from my pension?

[ad_1] Many retirees use their superannuation to commence a pension that pays income at regular intervals. The most common type of pension is an account-based pension. These are also sometimes referred to by their former name - allocated pensions. (more…)