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Defining super's purpose could spark new crackdown on tax perks

A new law to define the purpose of superannuation could foreshadow the end of tax perks for anyone better off than an age pensioner.

The government last week confirmed its plans to enshrine in legislation that the objective of the superannuation system is "to provide income in retirement that substitutes or supplements the age pension".

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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/wealth/superannuation/defining-supers-purpose-could-spark-new-crackdown-on-tax-perks-20160919-grjb2j