super funds will be badly hit., page-8

Superannuation is a flawed system anyway. Those who benefit the most are the rich who have their own SMSFs to minimise tax. I love those ads, if a 30yo saves up for 35 years until 65 yo, they'll end up with $300K. How much is $300K worth in 35 years time? Wont last you 20 years in retirement, thats for sure.

Either force people to save much higher percentages of salary or disband it completely.