FPA on super savings for under-40s
The Financial Planning Association’s (FPA) Superannuation Committee is developing a submission to a parliamentary economics committee inquiry into the superannuation savings of people under 40.
FPA CEO Kerrie Kellie told Sunrise Exchange News the association’s superannuation committee has not yet “brought forward its issues”. It is known that the committee is focusing on barriers and incentives to super contributions; current incentives to encourage voluntary contributions; and ways of improving the under-40s’ awareness of the importance of saving for retirement.