Money Magazine

One-stop shop would reduce complexity

Xavier O’Halloran, director of Super Consumers, an advocacy organisation, says the industry has been focused on building up people’s nest egg for retirement, but hasn’t been doing enough to help them make the most of this money as an income for retirement.

“The Retirement Income Covenant is a good thing,

You’re reading a preview, subscribe to read more.

More from Money Magazine

Money Magazine3 min read
Letter Of The Month
As an immigrant from India navigating the Australian financial landscape, 2022 presented daunting challenges with the Covid-induced market downturn. During the pandemic, I began a ritual of walking 5km each week to the library to get my hands on a co
Money Magazine1 min read
National Dwelling Values Keep Rising
Property prices across the country have continued to rise at a steady pace, according to CoreLogic’s national Home Value Index, which was up 8.9% over the 12 months to the end of March. This took the median national dwelling value to $765,762 – $63,0
Money Magazine5 min read
A Luxury EV Needn't Cost The Earth
Australia is in the midst of the most dramatic change to the automotive landscape: we’re shifting away from traditional petrol and diesel engines towards an electric future. Electric vehicles can significantly reduce carbon emissions, and the Federal

Related Books & Audiobooks