Superannuation changes may ignite Aussie VA growth
Variable annuities set to grow as Australia tackles pensions longevity issue
Proposed changes to the superannuation industry in Australia are likely to help boost the country’s small insurance product market, including acting as a catalyst for the take-up of products such as variable annuities (VAs) – a product that has been slow to take in the country, but that some are now tipping for explosive growth.
One of the effects of the Australian government’s Henry Tax Report – which made post-crisis recommendations to the government for reform, the last parts of which were
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