AAP General News (Australia)
08-14-2011
FED:Don't make snap super decisions, Shorten
Australians are again being urged not to make any snap decisions about their superannuation
accounts, despite balances taking a hit from sharemarket volatility.
Gains of the past year or so have been wiped out as local and global stockmarkets tumble
amid concerns about debt and slowing growth in Europe and the United States.
But Superannuation Minister BILL SHORTEN says that despite the wild ride, now is not
the time to run away from super, which has done reasonably well over the past 20 years.
AAP RTV rl/jmt
KEYWORD: SUPERANNUATION (CANBERRA)
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