Retirement income review welcomed but concerns raised

EW
Updated October 16 2019 - 4:30pm, first published 4:28pm
Retirees face worrying financial times. Image: Shutterstock
Retirees face worrying financial times. Image: Shutterstock

IT'S a confusing and worrying time for many retirees with falling bank interest, unfavourable deeming rates, increasing costs of living and now a government review of the retirement income system which some fear will move goalposts in a less than positive way.

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EW

Eileen Wood

Senior Journalist

I'm a senior news journalist at The Senior newspaper, the leading publication bringing targeted news on issues affecting older Australians. We cover NSW, Victoria, Queensland, Tasmania, SA and WA. If you have a story idea I would love to hear it. You can email me: eileen.wood@thesenior.com.au or phone The Senior 02-4355-5000, mob. 0487 495 805