TAL Risk Academy will run a series of retirement-focused webinars this month to help advisers meet growing demand for trusted guidance before and during retirement.
TAL says the program comes as its What I Wish I Knew retirement research highlights the important role advisers play in helping Australians translate complex retirement choices into practical decisions about income, superannuation drawdown, Age Pension eligibility and later-life planning.
It says the research found 35% of pre-retirees are planning to talk to a financial adviser to improve their financial position before retirement “…pointing to a clear opportunity for advisers to support clients before key retirement decisions are made.
“Pre-retirees are looking for help on the decisions that most directly affect retirement confidence, including how much super they can comfortably draw down, how much money they need to retire comfortably, how they should invest or use their super when they retire, and where they can access advice and what it will cost.”
TAL says financial advisers are a key source of information in the lead up to, and during, retirement. Among pre-retirees, 45% use a financial adviser to improve their understanding of super and investments, almost equal with super funds at 46%. Among retirees, financial advisers are the leading source at 39%, ahead of super funds at 30%.
It notes the findings also show strong demand for personalised guidance rather than generic information “…reinforcing the value of trusted advice in helping clients make confident retirement decisions.”
The research shows advice is central to helping Australians retire with more confidence…
TAL General Manager, Retirement and Wealth, Shaun Bransdon, says the research shows advice is central to helping Australians retire with more confidence.
“Retirement is no longer a single decision made at a fixed point in time. For many Australians, it involves ongoing choices about income, drawdown, aged care, the Age Pension and how to make their savings last.
“That is where advisers play such an important role. The right advice can help clients understand their options, make more informed decisions and feel more confident about using their retirement savings to support the lifestyle they want,” he says.
“Through TAL Risk Academy’s Retirement Month, we want to support advisers with practical, technical and client-focused insights they can use in retirement conversations.”
The CPD webinars will feature retirement specialists from TAL, AMP and MLC Expand, including AMP Director of Retirement Ben Hillier, MLC Expand Head of Technical Jenneke Mills and MLC Expand Retirement Specialist Erica Malliotis, with practical guidance advisers can use in conversations with clients.
The webinars are:
- How contemporary retirement strategies are changing the retirement conversation Wednesday, 9 September, 11.00am–12.00pm AEST. Presented by Shaun Bransdon and Ben Hillier
- Is the Age Pension a safety net or part of the retirement plan?
Wednesday, 23 September, 11.00am–12.00pm AEST.
Presented by Maria Mazur, Retirement Technical Advice Manager, TAL; Jenneke Mills, and Erica Malliotis - Demographics, demand and regulation: Are you Aged Care ready?
Webinar available on-demand. Presented by Louise Biti: Director Aged Care Steps
Click here for more information.
