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

Advertisements

About SuperBenefitnews

Self-Managed Superannuation Service Providers in Australia. SuperBenefit will SET UP your SMSF and provide investment education for a better result. We take care of all your administration, accounting, ATO lodgement and audit of SMSFs, working with you and your advisors. If you want advice we can arrange one of our recommended advisors and accountants to meet with you, as we do not give advice, but take instruction only. Take control of your super, including property shares and other assets. Learn how to be your own advisor - make better decisions - by being mentored and coached to invest your own super wisely and strategically by qualified partners. Book to come to an event to find out more, or - Call us 0407 361 596, no obligation FREE strategy call.
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:

WordPress.com Logo

You are commenting using your WordPress.com 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 )

Google+ photo

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

Connecting to %s