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.