Call for Certainty and Stability for Superannuation by the Federal Opposition


Call for Certainty and Stability for Superannuation by the Federal Opposition

Call for Certainty and Stability for Superannuation by the Federal Opposition

The Federal Opposition has called on the Minister for Financial Services and Superannuation, Bill Shorten, to commit to “certainty and stability for superannuation”. Shadow Minister for Superannuation, Senator Mathias Cormann, has said that taxes imposed by the Labor government have targeted people saving for their retirement.  “Australians saving for their retirement deserve certainty and stability in super policy settings so they can plan their future retirement with confidence,” Mr Cormann said in a statement. “Labor should join the Coalition in our commitment to certainty and stability for superannuation.”… Mr Cormann has accused the Labor government of looking to impose new taxes and red tape on superannuation.

More than $8 billion in tax increases on superannuation have been introduced under the current Labor government, he claimed.

“Overall retirement savings are lower than they would have been without Labor’s tax attack on super,” Mr Cormann said.

As written in Investor Daily 25 February 2013. READ MORE


About SuperBenefitnews

Self-Managed Superannuation Service Providers in Australia. SuperBenefit provides a wholistic SMSF assistance, education and administration service continuum - 1. “assistance” is help of whatsoever nature where our overall SMSF experience and knowledge enables us to provide assistance/help without any legal (or “license”) limitations. 2. “education” involves providing knowledge through teaching, coaching and mentoring about all matters SMSF, including (but not limited to) investment issues such as equities and property, 3. “administration” encompasses all admin aspects of legally required SMSF trustee and member record keeping including (but not limited to) audit and ATO matters. In keeping with our key point that SuperBenefit does not provide Financial Advice, where issues arise from 1, 2, and/or 3 above Indicate a need for a legally authorized provider (such as a Financial Adviser) and the client does not have their own service provider, the client can utilize SuperBenefit’s ‘Connect Assist’ … SuperBenefit, in itself, does not provide Financial Advice, but it does provide the wherewithal for great SMSF service. WE do not provide Financial Advice or any other service that requires a legally authorized provider. However, where such advice or service is required we have our ‘Connect Assist’, a SuperBenefit resource we use to connect clients to a Licensed Advisor or other legally authorised service provider. Call us 0407 361 596, no obligation FREE Connection call to see how we can help you!
This entry was posted in Super Law & Compliance, Superannuation General and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s