Low-income earners could see 70% savings boost

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AUSTRALIA - Retirement savings for lower income earners could be boosted by as much as 70%, if they take advantage of the new co-contribution arrangements announced by the Australian government, according to the Association of Superannuation Funds of Australia (ASFA).

ASFA hailed the long awaited deal as a welcome and highly positive move towards improved retirement savings. “We are delighted to see that common sense has triumphed on these superannuation meas...

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