Defined benefit members should take the income stream not the lump sum

By Daryl Dixon
Updated April 24 2018 - 10:01pm, first published November 4 2017 - 1:59am

Federal and state government decisions to close off new entry to their defined benefit super funds have not only reduced the costs for taxpayers but also ensured members can be confident of receiving all the lifelong benefits promised to them – unlike in the US.

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