Social and Behavioral Sciences Commons^™

Age-Phasing And The Use Of Life-Cycle Funds, Shelley Farr

Theses : Honours

The Superannuation Guarantee legislation has made many Australian employees compulsory investors. The reality that many Australian employees are failing to save adequate retirement benefits highlights the importance of selecting an appropriate superannuation investment strategy. With a majority of members having their employer-sponsored contributions in Defined Contribution Funds, it is ultimately members who are responsible for making investment decisions. Given that Australian employees are faced with myriad investment options, it is opportune to examine how members are exercising investment choice. A key factor for a member to consider is whether their investment strategy should be influenced by their age. Using the …