- 1. 1 2014 Deloitte Touche Tohmatsu Challenges of an ageing
population Stephen Huppert Partner, Deloitte
2. 2 2014 Deloitte Touche Tohmatsu2 2014 Deloitte Touche
Tohmatsu Pillars of a retirement income system Pillar 1 Age pension
Pillar 2 Compulsory superannuation contributions. Pillar 3
Voluntary superannuation contributions and other savings 3. 3 2014
Deloitte Touche Tohmatsu3 2014 Deloitte Touche Tohmatsu Total
superannuation assets now over $1.7 trillion 0 1,000 2,000 3,000
4,000 5,000 6,000 7,000 8,000 1997 2000 2003 2006 2009 2012 2015
2018 2021 2024 2027 2030 2033 $billions APRA market statistics to
30 June 2012 APRA market statistics to 30 June 2012 4. 4 2014
Deloitte Touche Tohmatsu4 2014 Deloitte Touche Tohmatsu and
projected to pass $7 trillion within 20 years 0 1,000 2,000 3,000
4,000 5,000 6,000 7,000 8,000 1997 2000 2003 2006 2009 2012 2015
2018 2021 2024 2027 2030 2033 $billions APRA market statistics to
30 June 2012 Deloitte projections from 1 July 2012 ~1.0 x GDP ~1.8
x GDP 5. 5 2014 Deloitte Touche Tohmatsu5 2014 Deloitte Touche
Tohmatsu Projected assets 0 1,000 2,000 3,000 4,000 5,000 6,000
7,000 8,000 2012 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032
$billion 6. 6 2014 Deloitte Touche Tohmatsu6 2014 Deloitte Touche
Tohmatsu Projected assets pre & post retirement 0 1,000 2,000
3,000 4,000 5,000 6,000 7,000 8,000 2012 2014 2016 2018 2020 2022
2024 2026 2028 2030 2032 $billion Post-retirement Pre-retirement 7.
7 2014 Deloitte Touche Tohmatsu7 2014 Deloitte Touche Tohmatsu Life
expectancy and pension age 40 45 50 55 60 65 70 75 80 85 90
1881-1890 1946-1948 1975-1977 1994-1996 1999-2001 2004-2006
2010-2012 Life Expectancy at Birth Life Expectancy at 65 Pension
Age Males, ABS Life Tables 8. 8 2014 Deloitte Touche Tohmatsu 2013
Deloitte Touche Tohmatsu8 2014 Deloitte Touche Tohmatsu 9. 9 2014
Deloitte Touche Tohmatsu9 2014 Deloitte Touche Tohmatsu Future life
expectancy and pension age 60 65 70 75 80 85 90 95 2010 2015 2020
2025 2030 2035 2040 2045 2050 2055 Life expectancy at 65 Current
Pension Age NCOA Proposed Pension Age Govt Proposed Pension Age
Govt Proposed Pension Age2 ? 10. 10 2014 Deloitte Touche Tohmatsu
10 Compliance Considerations 2013 Deloitte Touche Tohmatsu10 2014
Deloitte Touche Tohmatsu Ownership of the assets 2013 2023 2033 11.
11 2014 Deloitte Touche Tohmatsu 11 Compliance Considerations 2013
Deloitte Touche Tohmatsu11 2014 Deloitte Touche Tohmatsu Trade offs
in providing for old age 12. 12 2014 Deloitte Touche Tohmatsu12
2014 Deloitte Touche Tohmatsu Pillars of a retirement income system
Pillar 1 Age pension Pillar 2 Compulsory superannuation
contributions. Pillar 3 Voluntary superannuation contributions and
other savings Pillar 4 Extend work life, enable more part-time work
13. 13 2014 Deloitte Touche Tohmatsu 2013 Deloitte Touche
Tohmatsu13 2014 Deloitte Touche Tohmatsu 14. 14 2014 Deloitte
Touche Tohmatsu 2013 Deloitte Touche Tohmatsu14 2014 Deloitte
Touche Tohmatsu Retirement Adequacy Delay Retirement Education
& Advice Products & Investments Increase Contributions 15.
15 2014 Deloitte Touche Tohmatsu15 2014 Deloitte Touche Tohmatsu
The strategic objective of a superannuation fund is Maximise
Members Retirement Outcomes Net Investment Returns Operating Costs
Products & Services Member Behaviour 16. 16 2014 Deloitte
Touche Tohmatsu16 2014 Deloitte Touche Tohmatsu The strategic
objective of a superannuation fund is Maximise Members Retirement
Outcomes Net Investment Returns Operating Costs Products &
Services Member Behaviour 17. 17 2014 Deloitte Touche Tohmatsu17
2014 Deloitte Touche Tohmatsu Contact Stephen Huppert Partner
Deloitte [email protected] @stephenhuppert 18. 18 2014
Deloitte Touche Tohmatsu 2013 Deloitte Touche Tohmatsu18 2014
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