Opinion
It is our obligation as custodians of those savings to protect them. Given what is at stake, writing into law an objective for super against which future proposed changes can be assessed is overdue.
Enshrining the objective of superannuation in to law is a long-standing ambition that, if well-designed, could safeguard Australian’s retirement savings for generations.
The federal government’s proposal to legislate an objective of super has stirred debate. Which is to be expected, as there is a lot at stake.
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Original URL: https://www.afr.com/policy/tax-and-super/super-savers-financial-interests-come-first-no-ifs-or-buts-20230226-p5cnpf
