There are whispers that plans may be afoot to change some of the rules of superannuation. These include possible changes to the preservation age and taxation relating to super.
I can understand changes to the age pension, but since superannuation is a personal asset, wouldn't you think it unconstitutional to change the rules to super when people have made decisions based on the existing rules? (including voluntary contributions and salary sacrificing believing that they will gain access to their funds at age 60)
Also, are governments touting the increase in the life expectancy to suit their own means (extending preservation and pension age)? I don't know that 80 year olds are any more healthy than they were 50 years ago.
