Coalition super plan to harm retirees, low income earnersBY ALICE URIBE | FRIDAY, 17 MAY 2013 9:45AMThe Coalition's announcement that they would delay the Superannuation Guarantee (SG) increase would see millions of Australians move into retirement with inadequate savings according to the Australian Institute of Superannuation Trustees (AIST). |
Editor's Choice
Is demand for active ETPs genuine beyond outlier conversions?
As the active exchange-traded product (ETP) market continues to grow, new Rainmaker Information research asks whether demand has genuinely improved or if it is underpinned by conversions from three investment managers delivering "three exceptional months of work"?
Schroders nabs Lazard's Australian portfolio manager
Aaron Binsted will join Schroders Australia in early November as a portfolio manager and analyst after 24 years at Lazard Asset Management.
IFM targets growth opportunities with new global office
IFM Investors has opened its first office in Singapore to capture growth opportunities in a region "under allocated" by institutional investors.
HNWIs demand outperforming, mission-driven endowment funds
High-net-worth investors' (HNWIs) increasing demand for philanthropy vehicles with robust governance, a clear mission and can outperform in equal measure is helping fuel the rise of endowment funds such as the Aspect Impact Fund.
Further Reading
Products
Featured Profile
Sarah Shaw
GLOBAL PORTFOLIO MANAGER
4D INFRASTRUCTURE
4D INFRASTRUCTURE
It wasn't confidence that prompted Sarah Shaw to walk away from established investment houses and co-found 4D Infrastructure in 2015. It was something she believes is far more important: courage.







Wake up Australia and welcome to the new world of austerity. You have a choice of keeping your jobs and lifestyle or you can go down the English path of double dip recessions. All in the name of a budget surplus.
it will only harm your retirement if you don't take some personal responsibility for your retirement plans.
Such a Labor way of limiting contribution levels and taking away co contribution incentives while mandating super increases that are arranged on behalf of the workers by the boss. Its all got to be paid for by bosses and tax payers
9% - 12% should be the minimum. individuals should find another 5% in their own households to fund a decent retirement Take responsibility people !!!!! Dont expect others to do what you should be doing yourself
I have a great idea. Why not educate those employees who could suffer a shortfall at retirement to invest a percentage of their wage into superannuation and add value to their employer sponsored superannuation fund? Self employed people have been doing it for a long time.