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	<title>Financial Standard Comments - "We were wrong about super": FSC chair</title>
	<description>The superannuation system was sold incorrectly to Australians, according to the Financial Services Council's new chair Geoff Lloyd.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=85404478</link>
	<lastBuildDate>Thu, 21 Jul 2016 16:49:36 +1000</lastBuildDate>
	<pubDate>Thu, 21 Jul 2016 16:49:36 +1000</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
	<ttl>5</ttl>
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		<title>Comment by Kevin Williamson (Retired)</title>
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<p><p>The 15% objective from the Keating era was 9% by the employer, 3% by the member and 3% by the government.</p>
<p>There was no expectation that employers pay more than 9%.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Kevin Williamson (Retired)</dc:creator>
		<pubDate>Thu, 21 Jul 2016 16:49:36 +1000</pubDate>
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