Australia. Accountants seek voice in retirement advice provision
Accountants have sought a place at the table when the Government initiates a review of the retirement income system, suggesting an essential element is proving access to affordable financial advice.
The Institute of Public Accountants (IPA) has welcomed a recent announcement by the Treasurer, Josh Frydenberg that he will be commissioning a review of the retirement income system which will be inclusive of the interfaces between superannuation, government pensions and taxation.
Commenting on the move, IPA chief executive, Andrew Conway said the review was long overdue in circumstances where there was no well-defined view on what a retirement living standard should look like.
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