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CEPAR Submission Number 3 to the Financial System Inquiry: Drawdown defaults

Colleagues analysing data

Hazel Bateman, Rafal Chomik, John Piggott, and Michael Sherris

This submission focuses on the use of defaults in superannuation drawdowns at retirement. It has been written in response to a request to CEPAR by the FSI to provide input on this issue. It builds on earlier CEPAR submissions, dated March 31 (Submission 1) and June 12 2014 (Submission 2).