Have your say in ‘super’ debate
A survey evaluating superannuation has been developed in response to recent media reports claiming the over 50s ‘blow’ their super on ‘living the high life’. Calls have now been made to restrict lump sum payments and raise the age at which a person can access their retirement savings.
A survey evaluating superannuation has been developed in response to recent media reports claiming the over 50s ‘blow’ their super on ‘living the high life’.
Calls have now been made to restrict lump sum payments and raise the age at which a person can access their retirement savings.
Not for profit seniors lobby group, National Seniors, is now giving you the chance to weigh in on the superannuation debate by completing a confidential survey.
Some of the questions included in the survey are: Is greater government control over how you spend your super fair? How do you plan, or did you plan, to live your retirement? Has the superannuation system served or failed you in that quest? Do you have confidence in it?
Research released earlier this year shows many people continue to find superannuation a difficult topic to understand.
According to Minister for Financial Services and Superannuation, Bill Shorten, with more than $1 trillion reportedly invested in Australian super and $20 billion in lost super, it is vital all Australians have confidence the super system is “working in their best interests”.
“Reforms to super announced by the federal government will make it easier for Australians to be reunited with their lost super so they make the most of their savings for the future. The reforms will also help to ensure that these savings are protected,” Mr Shorten said earlier this year.
Complete the National Seniors survey before next Tuesday.
