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10 July 2008

Renovating Australia's superannuation funds

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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