Can we afford old age?


event-imageSpeakers:

Jeremy Cooper – Chairman, Retirement Income at Challenger Limited
Dr Cassandra Goldie – CEO, Australia Council of Social Service
Simon Cowan – Research Fellow and Target30 Director, CIS
Matthew Taylor – Research Fellow, CIS

Australia is getting older. Rising life expectancy brings with it the prospect of not years but decades in retirement. Can we afford the costs of old age? Will superannuation give retirees the standard of living they want? Is pension spending sustainable if it will triple over the next 40 years?

Join us as Jeremy Cooper (Chairman, Retirement Income at Challenger Limitd), Simon Cowan (CIS Research Fellow and Target30 Director) and Matthew Taylor (CIS Research Fellow) explore the age-old problem of old age. They will look at the age pension, superannuation and the family home and ways to give pensioners a good standard of living without placing a heavier burden on taxpayers.

Address will start at 6:00pm concluding at 8:00pm followed by drinks and nibbles

Jeremy Cooper is Chairman, Retirement Income at Challenger Limited, a full time executive role focusing on research, public policy issues and thought leadership. Prior to joining Challenger, Jeremy chaired the ‘Cooper Review’ into the superannuation system, the recommendations of which have been substantially adopted.

Before his review role, Jeremy was Deputy Chairman of the Australian Securities and Investments Commission (ASIC) for five years from mid-2004. Prior to his term at ASIC, Jeremy was a partner of an Australian law firm, now part of Ashurst.

Dr Cassandra Goldie has been CEO since July 2010, with extensive public policy expertise in economic and social issues, civil society, social justice and human rights. She has represented the interests of people who are disadvantaged and civil society in major national and international processes including most recently through the G20 as Deputy Chair of Civil Society20 and Chair fo the Global Infrastructure Working Group (2014), as well as a member of the Prime Minister’s National Panel on Economic Reform (2013), the Ministerial Roundtable on Superannuation (2012/13) and the National Tax Forum (2011).

Simon is a Research Fellow in the economics program, and Director of the CIS TARGET30 program which aims to reduce government spending to less than 30% of GDP over the next 10 years. He is a leading media commentator on policy and politics, frequently appearing on the Sky network, ABC television and commercial radio. He has also written on government industry policy, defence and regulation and appeared before the Australian Senate discussing the budget and health policy.

He co-authored the leading CIS research report on pensions, The Age Old Problem of Old Age: Fixing the Pension.

Matt is a Research Fellow in the Economics Program at CIS conducting research on income support policy with a specific focus on Paid Parental Leave, the Age Pension and Disability Support Pension.

He has a Bachelor of Economics with Honours from Monash University with specialisations in economics and econometrics and has expertise in the development of micro-simulation models to assess the fiscal and distributional impacts of alternative tax and income support policies.

His most recent report The Age Old Problem of Old Age: Fixing the Pension, with Simon Cowan, proposes age pension reforms that would increase pensioner incomes by an average of $5,900 by unlocking the $625 billion they have saved in their homes. These reforms would restore equity and sustainability to age pension policy and reduce annual age pension expenditure by $14.5 billion.

video icon