New Report Finds Seniors Battening Down The Hatches

The superannuation industry was one of the earliest traders in Australia hit hardest by the Global Financial Crisis. Pensioners and the like could do little more than watch as their balances declined.

A new report released yesterday found enormous changes in people’s retirement plans, often being pushed back as many were forced back to work. National Seniors Chief Executive Michael O’Neal joined Tim to discuss the uncertainty in the superannuation industry and the fallout from the GFC.

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