A new report has underscored the importance of financial advice in retirement planning and stressed the necessity for both advice and innovative products from superannuation funds in a well-rounded retirement ecosystem.
Read MoreAn analysis of retirement withdrawal rates is not the most exciting topic in the world. What is exciting is a retirement filled with spending on trips, meals and socialising with family and friends. And unfortunately, the amount of money that can be safely withdrawn from super each year will dictate if your retirement means sipping champagne in Paris or eating canned beans in your child’s spare bedroom.
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