Another raid on the super honeypot?

The past week has seen two interesting developments on the retirement savings front.Firstly, the Financial Services Council released a report highlighting a $1 trillion shortfall in our national retirement savings. Some commentators are suggesting that it might finally be time to raise the official 'retirement age' to help minimize this shortfall. Others are calling for a ban on lump sum super payouts.It is hard to argue with the basic logic of these suggestions and the Financial Review reported (over the weekend and early in the week) that the Government is rumoured to be considering more changes to superannuation, with a particular...

The past week has seen two interesting developments on the retirement savings front.

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