According to its technical service network, AMP received more than 10,000 calls and email queries from financial advisers over the past year.
Almost one in four questions related to superannuation contributions and dealing with a death benefit, while one in 15 related to concessional contributions.
In addition to concessional and non-concessional superannuation contributions, the most common topics raised were conditions of release or withdrawals (340 queries), transfer balance caps (309 queries), dealing with a death benefit (292 queries) and home ownership issues (228 queries).
The findings are supported by recent AMP research, that found most older Australians heading into retirement lack knowledge about fundamental aspects of managing their retirement finances, underlining the importance of advice in helping them navigate this important transition.
Nearly 60 per cent of Australians aged 50 and over said they wished they’d started planning for retirement earlier in life and over half did not know about retirement income products.
The data also revealed nearly one-third were extremely concerned about whether they could afford aged care.
AMP head of technical strategy, John Perri, said there have been a growing number of calls from advisers around what the latest superannuation reforms and regulations mean for their clients.
