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As part of the legislated Retirement Income Covenant (RIC), superannuation trustees are required to develop a retirement income strategy to assist members who are retired or approaching retirement.
Superannuation trustees are required to disclose a summary of their strategies on 1 July 2022. A summary of our strategy will be available on the trustee disclosure section of our website on 1 July 2022. There are no obligations for advice licensees or advisers.
Trustees are required to develop strategies to assist members to achieve and balance the core objectives: maximise retirement incomes; manage risks; and provide access to capital. Any information provided to members is general in nature and should not be considered personal advice or a directive to members. Clients are recommended to speak with a financial adviser before making any financial decisions about retirement.