more conflation.....
if talking annual drawdowns then that implies a pension phase account.
a pension phase account has ALREADY been limited by the transfer cap - that started at $1.6M some years ago and is currently hovering at $2M odd. this is the maximum u can put into the account.
someone who stared with $1.6M in a pension account, is NOT able to add more money to the account, has to make annual WITHDRAWALS and some years later has over $3M in that account should be investigated so that all the crappy investors can be shown what a good investor can do.... seems austtralia wants to punish that investor for being good.....
the rules are already in place.......
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