Investors and experts have criticised the government’s proposal to tax unrealised gains in $3 million-plus super accounts as “highly discriminatory”, warning the move could force retirees to sell shares at a loss.
Fund manager Geoff Wilson says Treasury’s proposed tax reform is “appalling”. Juanita Wilson
Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com
