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‘Radical, illogical’ cap on super ASX stakes would cost savers

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A Liberal senator’s proposal to cap superannuation fund holdings in ASX companies would be a “radical and arbitrary intervention” in markets and leave everyday investors and workers worse off, industry experts say.

Brett Chatfield says customers will lose out from any cap on ASX holdings. Eamon Gallagher

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    Original URL: https://www.afr.com/policy/tax-and-super/radical-illogical-cap-on-super-asx-stakes-would-cost-savers-20240527-p5jgxb