Superannuation changes could boost some Australians' retirement savings by $500,000

Productivity Commission’s final review on superannuation suggests revoking licences of funds that persistently underperform

Australians could reportedly retire with an extra $500,000 in superannuation if the federal government adopts the recommendations of a report into the $2.8tn sector.

Revoking the licences of funds that persistently underperform is among advice in the Productivity Commission’s final review on superannuation.

Continue reading...

from The Guardian http://bit.ly/2VFhC6w
via
0 Comments