legislative threat to super funds, page-4

Beanpea, Lindso,
I don't want to go down a tangent better suited to another forum.
My point is that irrespective of the ebb and flow of politics there needs to be a compact between the government and those saving for retirement so that investors can plan for retirement benefits and rely on that promise for more than 50 years.
The long term nature of retirement savings is unique in our society. We can put money in and not withdraw it for decades. This requires faith that we won't be robbed.

In the current situation of having no such assurance the soverign risk of super is in my opinion too high compared with the tax benefit unless one is in the highest tax bracket and over 45 years old.

Under 45 years old the compounded risk of theft by governments before having access to ones own money is too great.
Bacci