According to the Reserve Bank of Australia (RBA), Australian households are currently savings 5.5% of their income.
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The answer to building certainty is not more cash reserves
Falling cash rates at historic lows means retirees face increased risk and an uncertain future, especially if they outlive their savings.
Capital protected fund launches for retiree incomes
Brisbane-based Pentalpha Investment Management released a new retail class of unit in its Income for Life Fund at the start of 2019.
New Financial Year wealth tips
Steven Korner suggests six key ways to help build wealth and propel you on your path to financial independence.
More options to contribute to your superannuation
Over the last 10 years, the ability of Australians to contribute more to superannuation has reduced. Superannuation is a great system which has led to Australia having the fourth largest pool of retirement savings in the world.