10 July 2008
Renovating Australia's superannuation funds
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At the moment the government is taking a close look at how efficiently the compulsory superannuation system works and they're continuing to urge people to plan for their retirement needs. The superannuation minister Nick Sherry has called for our 20-year-old system to be reformed and asked for input from the industry and community groups.
However, our share market has just recorded its worst financial performance in 26 years and experts are forecasting more volatility. So what impact could further falls on the ASX have on those of us with superannuation funds with significant share holdings? How much thought have you given to this backbone of the economy lately?
Guests
Nick Sherry, Minister for Superannuation and Corporate Law
Annette Sampson, personal finance editor with the Sydney Morning Herald and author of the book "The new retirement" published by Fairfax
Theresa Kot, President of the Association for Independent Retirees
Simon Kelly, Associate Professor with NATSEM at the University of Canberra
Further Information
Link to the Australian Taxation Office
Link to NATSEM, University of Canberra
Link to the Association of Superannuation Funds of Australia
Link to the Combined Pensioners and Superannuants Association NSW
Link to the National Information Centre on Retirement Investments
Link to the Association for Independent Retirees
Link to the Australian Securities & Investments Commission
Link to the Investment and Financial Services Association
Link to the Australian Consumers' Association Choice
Link to the Australian Shareholders Association
Link to the Combined Pensioners and Superannuants Association VIC
Link to look for lost superannuation funds on government website
Presenter
Antony Funnell
Story Researcher and Producer
Karin Zsivanovits
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