ISN's David Whitely is over-reacting to the CPA's report on superannuation.

While access to lump sums on retirement is too easy, the temptation remains to use the lump sum to pay off debt (or for other purposes) rather than to create a retirement income stream.

The CPA is doing us a service by reminding everyone about the level of personal debt per person in Australia.

People's plans for retirement must include reducing debt as well as saving through superannuation. I hope David Whitely and his colleagues give advice along these lines to members of funds they advise.

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