Older Australians delaying retirementBY BEN COLLINS | WEDNESDAY, 20 JUN 2012 11:40AMA report unveiled yesterday by financial services and superannuation minister, Bill Shorten, revealed that 50% of older Australian intend to delay retirement. |
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Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
Congratulations Bill, people are now having to work longer into old age.
You moved pension age to 67 and you've compounded the problem even further for those approaching retirement, by halving the amount they can contribute to super from pre tax money.
Are you surprised by the consequences arising from those two changes?
No problem for the government employees and their super, they don't have a concessional cap here in SA...how hypocritical....it's business as usual for them...and the govt was supposed to review this issue in 2009...another review gone missing.