What's good, and not so good, about the Lifetime Pension product from QSuper

By Noel Whittaker
Updated May 7 2021 - 3:18pm, first published 3:00pm
Many retirees sacrifice their own standard of living and leaving more money to their beneficiaries instead of living comfortably during retirement. Picture: Shutterstock
Many retirees sacrifice their own standard of living and leaving more money to their beneficiaries instead of living comfortably during retirement. Picture: Shutterstock

The government's recent retirement income review pointed out that many retirees live on just the income from their superannuation, rather than drawing down on the balance as they progress through retirement. As a result, many retirees die with a major chunk of their financial assets unspent, sacrificing their own standard of living, and leaving more to their beneficiaries.

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