Most of us can remember the old ‘80s Castrol GTX advertisement with Sol who maintains that ‘oils aint oils’. It’s a fun mafiosa style take on the need to have exactly the right oil for the specific need for your car. This came to mind the other day when we were talking about advice. Because when it comes to retirement income advice, peoples’ needs can vary widely and only certain advice is useful at certain stages of your retirement journey.
James Coyle

Super funds report card: Are retirees missing out?
A recently released report from the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulatory Authority (APRA) reveals a massive gap in the support that retirees should now be receiving from their super fund – and what is actually being delivered. At one level this could be seen as one more bureaucratic report, but we believe this one matters a lot.
Today we explain what these two authorities found, why this is so important and what it means for Australian retirees. Even more importantly, we share what you can do if you, too, are experiencing this gap in your own retirement planning or management needs.
Work and the Age Pension: What happens when you earn that dollar more?
Did you give a sigh of relief when you finally became eligible for fortnightly Age Pension payments? We don’t blame you. It can be quite a complicated, time consuming process (unless, of course, you ask Retirement Essentials to assist). Having gained this important...