MacroBusiness
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at 10:40 am on May 7, 2021 | 19 comments
The superannuation industry loves to scare Australians into believing they will retire poor and will have to work until they die. Doing so helps the industry push their agenda of lifting the compulsory superannuation guarantee (SG) so as to boost the amount of funds under management and fee revenue.
The latest example of this brainwashing comes from the “widely-respected” Association of Superannuation Funds of Australia (ASFA), published without question from
The Australian’s personal finance writer, Anthony Keane:
Rising numbers of Australians face the brutal prospect of working until they die if they want a comfortable lifestyle beyond retirement age.
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