When considering the impact of Covid 19 on super, there are broadly three key demographics with very different considerations and aspirations that are being affected by the current crisis.
The first group is retirees, who are currently devastated by the drop in valuation of their super. The second is over fifties who currently make up about 25% of the working population, and finally there is anyone under fifty, a group which currently makes up 75% of workers.
Below we explore the impact on working Australians and the likely outcomes for their superannuation as an employer-funded entitlement.
Read moreWhen considering the impact of Covid 19 on super, there are broadly three key demographics with very different considerations and aspirations that are being affected by the current crisis.
The first group is retirees, who are currently devastated by the drop in valuation of their super. The second is over fifties who currently make up about 25% of the working population, and finally there is anyone under fifty, a group which currently makes up 75% of workers.
Below we explore the impact on working Australians and the likely outcomes for their superannuation as an employer-funded entitlement.
Read more