Super reforms could hit half of all SMSFs

Original article by Sally Patten
The Australian Financial Review – Page: 9 : 29-Jul-16

The SMSF Association is trying to persuade the Federal Government to amend its superannuation reforms. CEO Andrea Slattery has suggested a smaller reduction in the non-concessional super contributions limit, which the Government proposes to cut to $A25,000. According to the SMSF Association and Accurium, a 65-year old couple would need $A1 million in super savings to live comfortably in retirement, with $A59,000 to spend annually.

CORPORATES
SMSF ASSOCIATION, ACCURIUM PTY LTD, AUSTRALIA. DEPT OF THE TREASURY

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