Pensions: defined benefit superfunds
This briefing paper covers the development of defined benefit superfunds, their regulation, and policy debate.
Documents to download
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Retirement Income Reform Bill (Bill 18 of 2002/03) (272 KB , PDF)
The Bill would introduce provisions based on proposals published in March 2000 by the Retirement Income Working Party, a group made up of academics and industry representatives. These would limit the requirement to purchase an annuity to an amount which would give the annuitant a minimum retirement income. It would provide for greater flexibility over the application of any residual fund once the minimum retirement income had been met.
Documents to download
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Retirement Income Reform Bill (Bill 18 of 2002/03) (272 KB , PDF)
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