%0 Journal Article %A Lesley-Ann Morgan %A Paul Marsden %A Clement Yong %A Sean Markowicz %T Blending Growth, Income, and Protection to Create Default Post-Retirement Solutions for Australia and Hong Kong %D 2018 %R 10.3905/jor.2018.2018.1.036 %J The Journal of Retirement %P 93-107 %V 5 %N 3 %X 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’s circumstances, but this is generally not practical in a mass market—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 %U https://jor.pm-research.com/content/iijretire/5/3/93.full.pdf