ASFA, Super Consumers Australia revise retirement standardsBY CHLOE WALKER | MONDAY, 28 AUG 2023 12:25PMAustralian retirees continue to face cost pressures as historically high consumer price inflation drives up the price of everyday items, driving both the Association of Superannuation Funds Australia (ASFA) and Super Consumers Australia (SCA) to increase their retirement standards. Related News |
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Shail Singh
LEAD OMBUDSMAN INVESTMENTS AND ADVICE
AUSTRALIAN FINANCIAL COMPLAINTS AUTHORITY
AUSTRALIAN FINANCIAL COMPLAINTS AUTHORITY
To be successful as Australian Financial Complaints Authority's (AFCA) lead ombudsman for investments and advice, one requires empathy, impartiality, and rationality. Shail Singh shares how he also uses legal and financial advice expertise to help consumers, small businesses, and member firms. Karren Vergara writes.
If super funds actively educated their members in staying healthier and productive longer, those that benefited would also boost their financial situation and face a more attractive longevity with a likely shorter period of dependency. They might also appreciate their ability to engage more productively with their younger family members and support achieving their financial independenc earlier. And they might feel their super funds are someone with more than just their financial interests at heart. Win-win-win?.