ASFA canvases views on super rule changes
Political tinkering with superannuation policy is damaging confidence in the system, says Australian funds association ASFA as it launches a survey to gather industry views.
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The Association of Superannuation Funds of Australia (ASFA) wants the government to know that using the country’s mandatory pension scheme as a political football is detrimental to the industry and may have a negative impact on the size of the asset pool.
On Friday ASFA launched a survey giving members a chance to have their say on the future design of the system, which now holds A$1.5 trillion ($1.37 trillion) in retirement savings.
“Confidence in superannuation has been damage…
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