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Submission on the impact of COVID-19 on retired investors

Submission on the impact of COVID-19 on retired investors

17 June 2020
All
Summary
Summary: Impact of COVID-19 on Retired Investors The Alliance for a Fairer Retirement System advocates for adequacy, sustainability, certainty, and fairness in retirement policy. Australia's retirement income system has weaknesses exposed by the COVID-19 crisis. Retired investors face challenges with means testing, investment outcomes, and legislative risks. COVID-19 has significantly impacted retirees' income from investments. Reform options are needed to support retirees and stimulate economic recovery. Retirees are anxious about market fluctuations and Centrelink's revaluation process.
Submission on the impact of COVID-19 on retired investors

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National Seniors is a not-for-profit membership and advocacy organisation that gives older Australians – working and retired – a strong national voice. We tackle issues such as age discrimination, mature age employment, the Age Pension, social inclusion, cost of living concerns and more.

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