Financial Standard Comments - Fund chief calls for cap on super lump sum payments As more and more people approach retirement, there is a growing need to reform the way superannuation is paid out. Part of this may mean putting a cap on lump sum payments, according to MTAA Super chief executive Leeanne Turner. https://www.financialstandard.com.au/feed/latest?story=33280825 Thu, 04 Jul 2013 13:45:40 +1000 Thu, 04 Jul 2013 13:45:40 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Timothy Friendberg (RAB) Another crazy super idea...taking control of what is my money.

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]]> Timothy Friendberg (RAB) Thu, 04 Jul 2013 13:45:40 +1000 Comment by Darryl Gobbett (Prescott Securities Ltd)

Why do the calls from various groups about stopping lump sum withdrawals, increasing contributions etc sound so much like special interest groups pleading to protect their fees?

Get the service and investment performance right and people will keep the relationship post accumulation.

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]]> Darryl Gobbett (Prescott Securities Ltd) Thu, 04 Jul 2013 18:06:03 +1000