‘Give Retirees Peace of Mind’: Reforms Unveiled Aimed at Improving Super Performance

The treasurer is moving the changes as more Australians prepare to retire and draw from their super accounts.
‘Give Retirees Peace of Mind’: Reforms Unveiled Aimed at Improving Super Performance
New money awaits counting and bagging at the Royal Australian Mint in Canberra, Australia on April 22, 2005. Mark Nolan/Getty Images
Naziya Alvi Rahman
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Older Australians will soon have more flexibility and transparency in managing their retirement savings, as the federal government introduces a series of reforms aimed at enhancing the superannuation system.

“I am announcing a new package of reforms that will help give retirees peace of mind, help them make their super go further and provide more support to navigate retirement,” Treasurer Jim Chalmers said in his address at ASFA National Conference held in Sydney on Nov. 20.

Naziya Alvi Rahman
Naziya Alvi Rahman
Author
Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].
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