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.

A man is reflected in the window as he walks past the Australian Stock Exchange in Sydney Source: AAP

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.