An interesting piece of mail arrived at my house this week. It was the government letter telling me that now that I was 45, I should participate in their ‘life checks’ program. My emotions ranged from joy that the government had a program for my age (remember, I wrote the book breakfast club for fortysomethings, so am pretty passionate about preparing people for what next) and curiosity as to what they were going to tell me, particularly around money.
While we as an industry have had what I would call a governmental slap with the Royal Commission, I was hoping that the kiss would come direct to the people, telling them how to get advice, how to think about retirement and what to prepare for.
Well, lets just say the kiss was disappointing. It turns out life checks was a 10-minute quiz where you used
One of the issues that has been rising to the surface a lot is the viabi....