Watch Out for These COVID-19 Tax Surprises thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
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8 Ways to Invest in Real Estate for Retirement moneytalksnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneytalksnews.com Daily Mail and Mail on Sunday newspapers.
Treasurer Considers Adding More Flexibility to Superannuation System
Treasurer Josh Frydenberg is considering whether to introduce more flexibility into the nation’s retirement saving system.
Speaking on Feb. 27 at a retirement income forum hosted by the Council on the Ageing (COTA), Frydenberg signalled that the government would like to see more “flexibility” in the sector to allow people to better balance their working life and their retirement income.
He noted that while the current system provided options for people who wanted to save more for retirement, it was “very limited” for people who wanted to save less to maintain their quality of life now.
In the media
Govt uses super legislation to impose portfolio holdings
change
MEFIA - 18 February 2021 - In what represents a hook in
the Government s Your Future Your Super legislation, it has
moved to impose portfolio holdings requirements on superannuation
funds. More.
Your future, your Super reforms introduced into
parliament
TREASURY - 17 February 2021 - The Morrison Government has
introduced legislation into parliament to ensure the superannuation
system works harder for all Australians. The Your Future, Your
Super package is scheduled to commence on 1 July 2021. More.
Industry funds rail against Government kill
switch
MEDIA - 17 February 2021 - Industry superannuation funds
are accusing the Government of unprecedented legislative over-reach