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In choosing a retirement benefit option, it is generally a good idea to obtain professional retirement planning advice. This is usually encouraged by an employer by referring the employee to an external consultant. Suppose, you are that professional consultant, to help the employee select the most appropriate course of action what advice would you give if:
a. They stayed with their existing employer pension plan until normal retirement - what are the advantages?
b. If they chose the lumpsum option instead, what are the key considerations?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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