Retirement Projections and Adequacy

Survey on Retirement Projections and Adequacy

Thank you for participating in our survey. Your feedback is important.

The superannuation industry is maturing with a greater focus on retirement outcomes delivered to members. Across the industry, retirement projections have been used to illustrate the benefit members are likely to receive in retirement and they provide the foundation for measuring the adequacy of their retirement outcomes.

The Actuaries Institute is reviewing how and when superannuation funds use retirement projections to help members better understand their retirement outcomes ahead of possible consultation on this issue by ASIC in April.

The Institute has developed this survey aiming to be completed by the head of product or equivalent in your fund to obtain your fund’s views regarding retirement projections and retirement adequacy measures. This includes an investigation into fund provision of retirement projections directly to their members, as well as whether retirement adequacy measures are employed in funds' Member Outcome Assessments and strategic planning.

Results will be shared at an aggregated level with all participants. The Actuaries Institute intends to use the aggerated survey results to discuss with ASIC, Treasury and other Australian Government officials.

If you have any questions regarding the survey, please contact Estelle Liu via Estelle.liu@aware.com.au

Question Title

* 1. Please provide details

Your name

Fund name

Number of members

Assets ($billion)