Australia's superannuation industry has broadly welcomed the budget measures to create a more equitable system, but market participants argue that limits introduced are too low.
Tag : pauline vamos
Pauline Vamos, one of Australia's leading advocates on pensions issues, is moving on and will consider both domestic and overseas roles when she departs at the end of June.
Political tinkering with superannuation policy is damaging confidence in the system, says Australian funds association ASFA as it launches a survey to gather industry views.
With the superannuation pool set to grow on the back of new legislation to raise mandatory contributions, more money is forecast to head into Asian markets, especially fixed income.