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Lifetime cap on super could be as low as $650,000

Sally RoseReporter
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It should be a tax reform priority for the Turnbull government to scrap the annual limit on how much people can save within the generous tax settings of superannuation and replace it with a lifetime cap.

That was the consensus of experts at the AFR Tax Reform Summit in Sydney on Wednesday, although debate rages as to what a fair lifetime super contributions cap would be.

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Sally Rose is a Sydney-based reporter, who covers business, personal finance and superannuation. Connect with Sally on Twitter.

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    Original URL: https://www.afr.com/policy/economy/lifetime-cap-on-super-could-be-as-low-as-650000-20150923-gjt46u