RBA to bail out industry super funds, page-27

  1. 10,430 Posts.
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    After all it is their money.

    There are concessions for super
    the plan is that people will be more self sufficient
    at retirement and after.

    However if someone is in deep sh!t now,
    who is to deny them.

    Sadly selling when stock value is at the lowest
    undermines their future retirement.

    Still, only in a totalitarian regime
    can we force people.

    Look how often politicians
    say new laws are "For your own good"

    Super "non taxable" money has been treated in a special way.
    You can't stop people taking their own money
    even if it is not in their best interest.

    Of course In our eyes.
 
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