Govt bickering over super causing client anxiety

by Mackenzie McCarty21 Feb 2013
“Unfortunately, if they only rely on compulsory super contributions from their employers and don’t make any voluntary contributions, most working people will be well short of what they need for a decent standard of living after they leave the workforce. Reducing the incentive to save for retirement will have the effect of increasing the Government’s pension bills in the future.”

He says the politicians need to align with one another in order to maintain a general feeling of security amongst the nation’s work force.

“Bank customers need a commitment from both major parties that they will not make continual changes to superannuation that undermine the security superannuation is meant to give Australians who have worked and saved all their lives.”


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