Teele reveals a silent attack on super

As planned superannuation cuts get the headlines, the boss at our biggest investment company says a ‘covert’ attack on the franking credits regime is about to bite.

Suddenly the superannuation system is under attack on all fronts. But it took Bruce Teele -- the legendary executive chairman of AFIC, the nation’s biggest listed investment company -- to highlight how the government is quietly choking a mainstay of Australia’s investment income.

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