New strategies that help protect against inflation and longevity risk.

Retire Smarter white paper and case studies

Retire Smarter – new strategies towards a comfortable retirement

In this thought-provoking paper, leading American Professor of Insurance and Finance Dr David Babbel, PhD shares with us his own retirement philosophy adapted to the Australian market.

Discover a fresh new approach for your clients using lifetime income annuities to address major challenges facing Australian retirees such as inflation and longevity risk.

Staggered annuitisation in practice: a Guide for Financial Advisers

Further understand the power of staggered annuitisation strategies.

In this guide you will find worked examples of the staggered annuitisation strategy in practice and comparison, in two different age-based scenarios with an indexed lifetime income annuity strategy.

Dr David Babbel

Who is Dr David Babbel?

Dr David F Babbel, PhD, is a Professor Emeritus of Business Economics and Public Policy, Professor of Insurance and Finance, and Fellow in the Financial Institutions Centre at the Wharton School of the University of Pennsylvania.

He has been a consultant to some of the largest financial institutions in the world and has published over 130 books and scholarly articles on investment and insurance topics.

Recently he was challenged to study the Australian economy, its annuitisation strategies and usage, and adapt his risk-averse approach to one that could work in Australia. 

As a result he has a proposed an answer to the ‘when’ and ‘how’ of purchasing Lifetime Annuities. 

Related reading

Lifetime-annuities-as-easy-to-understand as a mortgage

Lifetime annuities - as easy to understand as a mortgage

Lifetime annuities may seem complicated, but Professor David F Babbel has an easy comparison to help make them easier to understand – he compares a lifetime annuity to what happens with a home mortgage.

Read more

Dealing-with-lifetime-uncertainty

Dealing with lifetime uncertainty

Addressing the uncertainty in your clients' lives is the most important challenge of retirement planning. Ultimately, trying to calculate life expectancy amounts to a gamble. A more prudent approach is to ensure they have enough money saved to fund their maximum possible lifespan.

Read more

The-challenge-of-inflation-and-interest-rate-uncertainty-in-retirement

The challenge of inflation and interest rate uncertainty in retirement

Predicting your clients' cost of living in retirement is difficult and can change based on their personal circumstances. A staggered annuitisation strategy can help hedge against this cost, because the repayment of the principle component of a lifetime annuity grows at an increasing rate as they age.

Read more

Contact your dedicated Retirement BDM

NSW/ACT

Simon Felice

0416 037 066

simon.felice@colonialfirststate.com.au

 

VIC/TAS

Stefanie Bond

0475 954 279

sbond@colonialfirststate.com.au

 

QLD

Vijay Mathew

0475 955 323

vijay.mathew@colonialfirststate.com.au

 

WA/SA/NT

Jesse Rau

0414 083 444

jrau@colonialfirststate.com.au

 

This information is general advice only. You should consider your personal circumstances, financial objectives and needs and the relevant product disclosure statement before making a decision to purchase or continue to hold a product. You should consider its appropriateness in light of your circumstances and consider seeking professional advice relevant to your individual needs before making a decision based on this information. Please view our Financial Services Guide.

Lifestream Guaranteed Income and CommInsure Investment Growth Bond are issued by The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA), a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“CBA”). CommInsure is a registered business name of CMLA.

A Product Disclosure Statement (PDS) for the Lifestream Guaranteed Income annuity is available by clicking here and the CommInsure Investment Growth Bond PDS is available by clicking here, from your financial planner or by calling 1800 624 100 and should be considered before making any decision about the products.

Commonwealth Financial Planners are Representatives or Authorised Representatives of Commonwealth Financial Planning Limited ABN 65 003 900 169, AFSL 231139, a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124.

The offers made in the Lifestream Guaranteed Income annuity PDS and the CommInsure Investment Growth Bond PDS are currently available only to persons receiving the documents within Australia. Applications from outside Australia will not be accepted.

Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information.

CMLA is not a registered tax (financial) adviser under the Tax Agent Services Act 2009 and you should seek tax advice from a registered tax agent or a registered tax (financial) adviser if you intend to rely on this information to satisfy the liabilities or obligations or claim entitlements that arise, or could arise, under a taxation law.

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