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News Life and Health12 Jan 2022

Australia:Call for new advice model to provide conflict-free guidance on retirement income plans

| 12 Jan 2022

The proposed Retirement Income Covenant is likely to lead to a large expansion of the range of retirement products available to people. This expansion of offerings is likely to increase complexity and without improved guidance is unlikely to translate into consumers taking up more appropriate offers, says the non-governmental organisation Super Consumers Australia (SCA) that represents the interests of low and middle-income Australians in the superannuation system.

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