Original article by James Eyers
The Australian Financial Review – Page: 19 : 1-Oct-14
AMP CEO Craig Meller has warned of the looming problems in funding retirement for Australia’s ageing population. He said that the retirement outlook for millions of Australians was uncertain. He said that the superannuation guarantee should be increased to 12 per cent as saving 9.5 per cent of earnings is not enough. Meller said that the growing costs of retirement could threaten the country’s prosperity over the next 20 to 30 years
CORPORATES
AMP LIMITED – ASX AMP, AUSTRALIA. DEPT OF THE TREASURY, COMMONWEALTH FINANCIAL PLANNING LIMITED, MACQUARIE GROUP LIMITED – ASX MQG