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Frontier calls out structural super fund flaws

Frontier Advisors contends that superannuation fund designs inadvertently minimise retirees income, contravening funds obligation to provide the best possible outcomes for their members. ....

David Carruthers , Frontier Advisors , Retirement Wage ,

Transcripts For CNNW The Situation Room With Wolf Blitzer 20120224



a new career. i m year yeah borrow ger and you re in the situation room. it may not be everything, but aappearance is everything on the campaign trail. a lack luster speech, the bang promise by his campaign was more of a fizzle. the gap is down from six points on tuesday to two points today. joe, what exactly happened? reporter: well, gloria, mitt romney is still struggling to get his momentum back and today s speech was supposed to be a step in the right direction but for a bunch of reasons. you just would not call this mitt romney s perfect day. the front lines couldn t have been clearer at what was supposed to be the major moment so far to win the state where he grew up. in the morning, the auto workers union held a noisy opposition to the auto industry bailout. it s total blas fem me. and then in the afternoon i want to thank the ford field it was not the venue that romney would have preferred where the detroit lions play ball. the speech had been ....

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Detailed text transcripts for TV channel - MSNBC - 20110823:03:24:00

Be subject to payroll tax. why? why is this the only assumption? rich people don t like to pay taxes and they re powerful. it s worth saying. remember, of course, the payroll is there for social security. if you raised the cap you raise about 0.6% to gdp. 0.6% happens to be the extra size of the social security shortfall. if you raised the tax cut, you would in one fell swoop close the social security tax cut. that would be it. you would be done. you don t have to cut benefits. it would be finished. if you don t want to do that because you refer to raise retirement wage as opposed to taxes, that s your prerogative. that s a very big step towards fiscal responsibility. so i feel what i heard you just say and what we talked about last week is this idea that the republicans appear to be willing to actually increase taxes on people who make 100,000 ....

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