The Australian Government Actuary has supported Treasury’s work on developing a Retirement Income Framework. This has resulted in a number of publications and technical papers being published over time.
The Australian Government Actuary has also assisted Treasury progress the development of more efficient retirement income products, called 'Comprehensive Income Products for Retirement', or CIPRs. Papers are available through the external links below:
|Retirement Income Risk Measure paper [9 December 2018]
|Actuarial Certification Test for Comprehensive Income Products for Retirement [29 May 2017]
|Towards more efficient retirement income products [November 2014]*
To assist in this work, the AGA also provided input into the Department of Social Services – Social security means testing of retirement income streams report released in March 2017.
*Prepared by the Australian Government Actuary for the Financial System Inquiry