The current portfolio approach for retirees is outdated and leaves them vulnerable to low interest rates and higher market volatility.

SMSF advisers should rely on more robust and holistic modelling when assessing retirement to enable informed decision-making, a technical expert says.

The most recent interest rate cut will impact self-funded retirees through lower investment returns, while saddling them with a deeming rate that remains too high.

The government’s failure to share the report on the Retirement Income Review will prevent much-needed industry reform from taking place, the opposition says.

The federal budget has neglected retirees who had hoped to receive more income through a more lenient tapering of their asset test, a pension expert says.

Self-funded retirees have been given no support in the budget to offset income losses caused by the impact of COVID-19.