Author: James Giesecke . Jason Nassios . Maureen Rimmer . Peter Dixon | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Working Papers
Read the full Working Paper In previous work, we identified structural shifts caused by an increase in the Superannuation Guarantee (SG) rate. Here we examine the implications of these structural shifts for Australia’s macroeconomic stability and future economic...
Author: Carly Moulang . Gordon Clark . Jimmy Feng . Maria Strydom . Paul Gerrans | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Working Papers
Read the full Working Paper This paper explores the role of peers in a member’s propensity to make a change to their retirement savings investment strategy. Given that evidence indicates that the majority of individuals do not seek professional financial advice, we...
Author: Mikhail Typitysn . Paul Lajbcygier | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Working Papers
Read the full Working Paper We show that most hedge fund managers are passive, not active. Active management should be manifest through nonlinear exposure to the systematic risk factors that drive hedge fund returns which leads to enhanced performance. However, our...
Author: Eliana Maddock | CSIRO-Monash Superannuation Research Cluster, Event Summaries, Funds Management and Superannuation
In August, ACFS hosted a boardroom briefing from CSIRO’s Dr Andrew Reeson who presented research on how retirees withdraw income from their superannuation account-based pensions. Australian retirees have a large amount of flexibility over how they withdraw savings...
Author: Anthony Harris . Anurag Sharma | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Working Papers
Read the full Working Paper This study investigates the pure effect of ageing on total health and aged care expenditure in the next 20 years. Our results indicate that the pure effect has been relatively small and its effect on disposable income and fiscal balance has...
Author: Deborah Ralston . Jimmy Feng | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Opinion Pieces
Deborah Ralston, Monash University and Jun Feng, Monash University Changes to superannuation in last night’s Turnbull-Morrison budget not only generate revenue, but herald a change to retirement income policies and the implementation of a new more clearly defined...
Author: Deborah Ralston . Jimmy Feng | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Opinion Pieces
Published by Cuffelinks on 1 May 2016. Once again changes to superannuation are being flagged in the forthcoming budget. This should not be surprising as superannuation tax concessions have been a feature of 13 Budget speeches in the 24 years since the Superannuation...
Author: Gordon Clark . Maurizio Fiaschetti . Peter Tufano | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Working Papers
Read the full Working Paper This paper identifies the categories, drivers and timing of advice-seeking by defined contribution (DC) plan participants as they approach retirement. Empirical analysis of a large Australian database indicates that the relative...
Author: Adam Walk . Michael Drew . Osei Wiafe . Robert Bianchi | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Working Papers
Read the full Working Paper Using simulation techniques and current Indigenous Australian demographic and employment data, we estimate the superannuation balance of the typical Indigenous worker and compare this with the average non-Indigenous Australian. Our findings...
Author: Alec Stephenson . Andrew Reeson . Elizabeth V. Hobman . Peter Toscas . Thomas Sneddon . Zili Zhu | CSIRO-Monash Superannuation Research Cluster, Funds Management and Superannuation, Working Papers
Read the full Working Paper This paper provides a longitudinal study of withdrawals from account-based pensions from superannuation savings to provide a better understanding of drawdown patterns in retirement. Our analysis indicates that most retirees in their 60s and...
