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Australia's retirement income system to be reviewed

Retirement composite

The federal government is to undertake a major review into the Age Pension, compulsory superannuation and voluntary savings. While the opposition Labor Party says it fears it could result in cuts to retirement incomes, Seniors advocates support the inquiry but say more needs to be done to ensure all Australians can retire comfortably.


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By Maya Jamieson, Cassandra Bain, Sarim Khem

Source: SBS




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The federal government is to undertake a major review into the Age Pension, compulsory superannuation and voluntary savings. While the opposition Labor Party says it fears it could result in cuts to retirement incomes, Seniors advocates support the inquiry but say more needs to be done to ensure all Australians can retire comfortably.



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