For years now, the industry has called on the government to "stop tinkering with superannuation". When reforms were introduced - and there had been more than 30 superannuation "tweaks" for the past few decades - it was the financial planning community that was left scrambling to adjust retirement plans so as not to put their clients at a financial disadvantage.
Some have turned to investment bonds as a way to diversify client portfolios at a time when super as a retirement savings vehicle is once again under the microscope, with the government having now said it will look to double the tax rate to 30% for superannuation savings above a certain level.
In this issue, Generation Life makes a case for investment bonds as a way to future-proof retirement nest eggs.
Find out more in the article.