@article {Morgan93, author = {Lesley-Ann Morgan and Paul Marsden and Clement Yong and Sean Markowicz}, title = {Blending Growth, Income, and Protection to Create Default Post-Retirement Solutions for Australia and Hong Kong}, volume = {5}, number = {3}, pages = {93--107}, year = {2018}, doi = {10.3905/jor.2018.2018.1.036}, publisher = {Institutional Investor Journals Umbrella}, abstract = {With populations aging, governments, providers, and sponsors are increasing their focus on post-retirement solutions. The ideal approach is to tailor a solution to an individual{\textquoteright}s circumstances, but this is generally not practical in a mass market{\textemdash}so creating a default solution that is suitable for the majority, if not all, has become the aim. This article looks at examples from Australia and Hong Kong, where recent policy announcements about a desire to improve outcomes for retirees provide interesting case studies. Taking state pension provisions into consideration, the authors find that retirees need a combination of protection and growth in order to deliver the income required for a comfortable retirement.TOPICS: Pension funds, developed, legal/regulatory/public policy}, issn = {2326-6899}, URL = {https://jor.pm-research.com/content/5/3/93}, eprint = {https://jor.pm-research.com/content/5/3/93.full.pdf}, journal = {The Journal of Retirement} }