Given that both Libs and Labs have now taken to changing the...

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    Given that both Libs and Labs have now taken to changing the rules with retrospective effect could anyone advise a young person to make a long term sacrifice into super? I can't.

    In the long term I expect superannuation balances to be increasingly seen as a "community resource" and payouts made according to need.

    Superannuation will go the same way as the National Welfare Fund.

    I was stupid to think that politicians would honour their end of the bargain while I saved for decades, should have blown it on jet skis, Bali holidays and cigarettes.

    bacci
 
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