Following on from part one of this series, this module looks at the different types of retirement income streams, including the benefits and drawbacks of each. This includes:
Account-based pensions
Lifetime pensions
Defined benefit pensions
Lifetime annuities
Worked example: Account-based pensions versus lifetime annuities and their impact on the Age Pension
Other types of income streams including deferred lifetime annuities and hybrid pensions
Empower yourself to invest with confidence . . .
Mins
AskESSSuper is licensed by Guideway Financial Services Pty Ltd Australian Financial Services Licence number 420367, ABN 46 156 498 538. The information within this website is for Australian residents, is general advice, and does not consider your financial situation, objectives or needs. You should therefore consider the appropriateness of this information in light of your own situation before making a decision. If the advice is about a particular financial product, please refer to the Product Disclosure Statement and other relevant documents available from esssuper.com.au before deciding. Please ensure you read and retain a copy of the Guideway Financial Services Guide for this website.
Contact MoneyED
Please email james.riches@guideway.com.au for access to this course.
Login or sign up to start learningLogin to start learning