superannuation here we go again

An excerpt from the AFR.

Superannuation lump-sum payouts would be capped under a push to ensure retirees have enough money to last until they die.

In a controversial proposal, union-backed retirement funds are urging the government to limit the amount of money that individuals can withdraw at once.

The recommendation is bound to anger many savers who believe the government should have no role in dictating how retirees spend their money.