Australian retirement system weakens

Discussion in 'Superannuation, SMSF & Personal Insurance' started by twisted strategies, 23rd Oct, 2018.

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  1. twisted strategies

    twisted strategies Well-Known Member

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    twisted strategies, 23rd Oct, 2018
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  2. twisted strategies

    twisted strategies Well-Known Member

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    *** "However, with changes in the way people are working around the world, we need to ensure these schemes include everyone so that the whole workforce is saving for the future. This includes contractors, self-employed, and anyone on any income support, be that parental leave, disability income or unemployed benefits." ***

    that would have to be a non-starter in Australia , with all major parties trying to ravage the current superannuation system ( in their own subtle ways )

    ( imagine your New Start benefits minus 10% towards your super , cyclist Adam Brandt couldn't survive a week on a fortnightly payment .. and he didn't even look for a job )

    maybe those on a disability support pension would do better , after all they often have a reduced life expectancy .
     
    twisted strategies, 23rd Oct, 2018
    #2