The Decumulation Conversation We Are Yet to Have

In Australia the discussion on decumulation and supporting clients in retirement is very active. In NZ we are yet to engage on this topic from an industry perspective.

The thrust of this commentary from the Australian Professional Planner Researcher Forum is that industry funds and advisers will need to collaborate to help match products to retiring members' needs.

Having implemented the new FAP licensing regime locally, at some stage we will likely need to consider the level of advice "capacity" we have available, and how that will meet the needs of retirees such that they can enjoy a dignified retirement.