Wait for super needed, but political poison

Original article by Sally Rose
The Australian Financial Review – Page: 25 : 6-Aug-15

The preservation age for superannuation should be raised from 55 at present. Actuaries warn that the current rules do not reflect rising longevity. The shadow minister for financial services and superannuation, Bernie Ripoll, made comments on the issue of access to super at the Financial Services Council’s annual conference on the Gold Coast on 5 August 2015. He agreed that the preservation age should be lifted. However, such a measure would be unpopular among voters.

CORPORATES
FINANCIAL SERVICES COUNCIL, RICE WARNER ACTUARIES PTY LTD, AUSTRALIAN LABOR PARTY, BT FINANCIAL GROUP PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NATIONAL SENIORS AUSTRALIA LIMITED

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