About Us
Our mission is to help financial planners to research, compare and choose Australian lifetime income products.
Retirement Edge is group of experienced actuaries, passionate about the benefits of retirement income stream products.
We recognise the importance of supporting financial planners to help clients manage the retirement risk of longevity.
We help financial planners to research, compare and choose lifetime income products in Australia. We provide practical tools and product profile reports to help cut through the complexity of lifetime income product solutions.
The Lifetime Pension Product Selector tool can help financial planners find lifetime income products that fit closely with the product features required.
Product Profile reports focus on the key criteria for comparing diverse lifetime income products in a standardised format.
We also publish articles and resources about the retirement market and lifetime income products to educate and inform financial planners.
Join Retirement Edge to access our tools and research or contact us to discuss how we can help you.
Our Team
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Simon Solomon, Actuary
Simon has over 30 years of senior management and leadership experience in the life insurance, retirement and superannuation industries. Qualified as Fellow of the Institute of Actuaries (London) in 1972, and as a Fellow of the Australian Institute of Actuaries in 1978, Simon has held positions including Appointed Actuary and in General Management for several Life Insurance companies.
In 1988, Simon founded actuarial and research consultancy, Plan For Life (PFL). Over 20 years, PFL grew into a leading research house specialising in Australian managed funds and life insurance research and reporting. In 2011, PFL was purchased by New York-based Fund Researcher, Strategic Insight, both business being acquired in 2019 by Institutional Shareholder Services Inc. (ISS), the world’s leading provider of corporate governance and responsible investment solutions for fund managers.
Simon now operates Somari Systems Pty Ltd, an independent actuarial and research consultancy focussed on life insurance and retirement income consulting.
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Jim Hennington, Actuary
Jim is an actuary and financial services innovator who specialises in technology, retirement products, risk modelling and advice strategies. He co-authored the book 'Retirement Income for Life - Solving the longevity equation' and has a strong track record of applying institutional techniques to personal financial planning both in Australia and the UK. Jim knows what it's like to run a licensed financial advice practice, having been a director and adviser for over 10 years.
During his career, Jim has worked with several major multinationals on global pension scheme projects and has worked with banks, insurance companies and advice groups on a wide range of financial planning and decision analysis systems.
Jim initiated the Actuaries Institute 'Good Practice Principles for Retirement Modelling' and the Research Note 'The Importance of Accurate Life Expectancy Calculations in Retirement Advice'. He has written various modules for Kaplan's Ontrack platform.
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Rael Solomon, Consultant
Rael has over 25 years of consulting and leadership experience in the life insurance, retirement and managed funds industries. With qualifications in economics, marketing, and data analytics, Rael has held roles including Regional Managing Director, Executive Director and Head of Sales & Marketing.
Rael was responsible for business strategy and leadership of consulting and research services with Plan For Life, Actuaries & Researchers (Strategic Insight and Institutional Shareholder Services) for over 10 years.
Key achievements include launching the “Plan For Life Excellence Awards” and running the event for over 10 years, and projects covering “Retirement Account Drawings in Australia”, “Cost and efficiency of providing life insurance advice”, and the annual “Life Insurance Adviser Survey”.
In 2023, Rael founded the independent consultancy RS Dataworks, providing independent research, digital marketing and user experience design services.
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David Schneider, Actuary
David is an actuary, software developer and investment specialist who supports RetirementEdge with its modelling technology. David has worked as the Head of Investment Strategy, Research, Quant equity analysis and Strategic Tilting over the past 19 years within the Superannuation Industry. David is the founder of 10E24, a software company that has developed stochastic asset liability software solutions for institutional investors. 10E24 has also built a range of stochastic forecast tools used by financial advisers to help retirees navigate their retirement.
David was previously a partner at Deloitte’s and was the founder and Managing Director of Actuarial Solutions, the first actuarial consultancy in Botswana. David has served on several research and professional bodies, including being the Convenor of the Actuarial Society of South Africa’s AIDS committee.