The intense debate over changes to Australia’s $1.5 trillion superannuation system should serve as a clear indication to both sides of politics that super should not be up for grabs, the chief executive of Westpac-owned BT Financial Group said on Friday. In an address to an American Chamber of Commerce luncheon in Sydney, Brad Cooper spoke about the future of superannuation, specifically its purpose, engagement and importance.
“Uncertainty is the enemy of long-term savings,” Cooper said. “I believe that if the discussions of a few weeks ago made anything clear to all sides of politics, it was that super should not be up for grabs.” Reported on 22 April 2013 by Kate Kachor in Financial Observer READ MORE HERE
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