SAN DIEGO, CA, October 14, 2010 (Press-News.org) In the October issue of Business Review Australia, David Carter, the Suncorp Life Executive GM, discusses what the Federal Government must to reform the nation's superannuation system.
A recent survey by Suncorp Life found 49 percent of Australians don't understand the nation's super policy, and 30 percent of don't believe their super is even their own money. "Annual changes to the superannuation system are also a constant and frustrating occurrence. That's why it's vital for the Government to get it right this time," Carter explains in the article.
Carter suggests that making the system more transparent is critical to it success, as well as securing tighter regulation of fees charged and a new code of governance. "This will help to restore people's confidence and improve their knowledge of the way the system works," he says. Read the full article at: http://www.businessreviewaustralia.com/business-features/finance/how- ... -confident.
About Business Review Australia
Business Review Australia is a leading digital media source of news and content for C-level executives focused on business and industry-specific news throughout Australia. Through its digital magazine, online website, daily news and weekly e-newsletter, Business Review Australia helps executives stay up-to-date with the most fundamental operational issues in demanding and ever more competitive global business sectors. For more information, contact 1-760-827-7800 or visit http://www.businessreviewaustralia.com/.
Suncorp Life Executive GM, David Carter, Explains Why the Federal Government Must Reform Its Superannuation Policies
In the October issue of Business Review Australia, David Carter, the Suncorp Life Executive GM, discusses what the Federal Government must to reform the nation's superannuation system.
2010-10-14
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[Press-News.org] Suncorp Life Executive GM, David Carter, Explains Why the Federal Government Must Reform Its Superannuation PoliciesIn the October issue of Business Review Australia, David Carter, the Suncorp Life Executive GM, discusses what the Federal Government must to reform the nation's superannuation system.