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Seminar Series

Posted by: Mark Cardy

May 11, 2017

24 May 2017, RiskLab Event: Seminar and drinks/finger-food.

Time 5:00pm, Location: Data61/CSIRO, Door 34, Goods Shed North, Village St, Docklands, Vic 3008.

Cost: Free.

Please RSVP by 19 May to

Seminar Title: Optimal decisions in retirement planning


Two of the main decisions in retirement planning are asset allocation and consumption. In this study employing a Constant Relative Risk Aversion utility function in the dynamic programming framework; firstly we analyze the optimal decisions in retirement planning both during working life and in retirement with allowing for taxation effects. Then the impact of the existing taxation and social security structure, in particular the age pension, on the optimal decisions is analyzed. Policy implications, particularly taking into account the introduction of the CIPR regime, are discussed.


Adam Butt BCom, MHE, FIAA, SFHEA, PhD Associate Professor in Actuarial Studies and Statistics Research School of Finance, Actuarial Studies and Statistics ANU College of Business and Economics Australian National University Canberra  ACT  2601