UniSuper Seminar - Wed 15 June W5A T1

The following are details of the latest UniSuper seminar for staff:

This seminar explores the issue of adequacy in retirement savings. Younger members in particular will find it a very useful introduction to the topic of lifetime savings and investment, but the seminar will include material that is very relevant to UniSuper members at all stages of their working lives.

The seminar focuses on your goals and highlights the variables that you can influence to reach your financial goals in retirement. It looks at the options you have to increase the amount of money available to fund your retirement, and some of the main trade-offs and decisions you are likely to have to make. The seminar opens issues such as:

• When to retire
• The implications of increased life expectancy and longer retirement periods
• What size lump sum buys an adequate income?
• What is a realistic target for how much you'll need to live on in retirement?
• Building your savings
• Risk and return
• The impact of compound interest
• Government assistance
• Taking advantage of tax concessions

The registration page is easily accessed through the Seminars section of the UniSuper website. The link below allows you to view the seminars currently scheduled and to register to attend.

Note: If you attend this seminar you may be asked to complete a confidential survey at the beginning and end of the seminar. This is part of research being undertaken on UniSuper's behalf by staff from Deakin University's School of Accounting, Economics & Finance, so we ask all participants to contribute a few minutes of their time to complete the survey forms.

The survey is aimed at evaluating the effectiveness of UniSuper's Education Program in improving financial understanding among members, and whether this translates into members taking specific actions. The impact on member actions will be measured by a third survey distributed some months after the seminar. The outcomes will then be compared to experiences in the United States and will be an important contribution to knowledge into the effectiveness of financial education programs.

Members participating in the survey will need to provide contact details to receive the third survey but no information obtained in the surveys will be used to identify individual members, or used by UniSuper or any other party for marketing or sales purposes.