Research has revealed superannuants with guaranteed income products report higher financial security, better mental health and increased confidence in retirement. The latest research into retirement outcomes has indicated Australians investing in annuities or guaranteed income products enter their post-work years with greater financial security and improved mental health compared to those who do not use these investment vehicles.
The study, conducted by Macquarie University’s School of Psychological Sciences and supported by Challenger, gathered responses from nearly 1000 of the investment manager’s clients over the age of 60.
It found 72 per cent of respondents receiving a guaranteed retirement income felt confident […]
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