Information collected by the Retirement Income Review should not be used to shore up current problems but improve the system for the long-term, claims SISFA

Using more in-depth analysis to determine the life expectancy of an SMSF trustee can improve the value of retirement advice provided to this cohort, a technical specialist has said.

Anticipated lower returns over the coming 10 years could force some retirees to revise their superannuation pension drawdown strategy, a mid-tier accounting firm partner has said.

The lack of consensus around the adequacy of retirement income will be examined by the Retirement Income Review which also noted there was no agreed way to assess it.