What are low interest rates doing to your super?

Retirees who rely on interest from their savings are among the biggest losers from last week's Reserve Bank interest rate cut - as term deposit and savings rates are slashed. Experts are urging caution if moving into higher risk, higher return investments. But changes to CentreLink rules on July 1st may offer opportunities to recoup funds.

A man walks past the Australian Stock Exchange in Sydney, Australia, Wednesday, May 1, 2019. (AP Photo/Rick Rycroft) Source: AP