I'm sure they would prefer no cap at all , but if there has to be a cap they want to make sure it doesn't apply to their members.
Large super funds, especially industry funds, wield a fair bit of political power- remember the ALP's franking credit fiasco -where essentially large funds got the franking credits from their investments and SMSF's didn't
- Forums
- Economics
- Talk of a $5M Cap on Superannuation Balances.
I'm sure they would prefer no cap at all , but if there has to...
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)