Are honestly asking rechtub? do you truly think a danger exists?
And Simpson is it? controlled by unions? what is that about.
The trade union movement, no one else won superannuation payments for workers.
It/we also won first 44 then 40 then 36 now some times 36 hour week.
Sick leave workers comp long service leave.
Some Superannuation funds exist for workers, quite a few have unionists on the board, all are not for profit.
And they are up there with the highest dividend payers to members.
As your understanding of superannuation is at best minimal I want to advise every one.
Get ALL your different super funds into one, a fund that is not charging fees, such as an industries fund.
Know SOME employers get rewards for putting you in a fund that charges YOU huge fees, some Even take most of your money if you want out early.
Please those who have been in a fund ten years are way out in front, the last two years loss is more than matched by the gains.
No danger exists, EVER that ANY government will ever thieve your super.
No union can ever do it either.
rechtub, constantly you seek the worst in Labor/government.
Your posts are becoming satire.
Superannuation is brilliant for this country, if we ever get unions wanted 15%, I would willingly say those getting it should not get welfare.
It appears our best long term way around that problem.
We in time need not borrow over seas as we bank more in our country.
All views do have value some far less than others that lost comment legless and senseless about union controlled super is just plain uninformed spamming.

rechtub, constantly you seek the worst in Labor/government.
Belly,
Look around & you'll see that there's no need for seeking the worst, it always comes one's way as sure as hell.
As for no Government ever taking one's Super ? Well, maybe not directly taking it but I have yet to see a Government to make a stand to get stolen Super back for people. I Governments were so keen on establishing a healthy financial society then they wouldn't leave it up to privateers & with impunity. Ok so they put on a well choreographed show of nailing the odd chairman. So what, it still doesn't compensate those who lost their future.
Btw. When the W.A. Super under Carmen Lawrence went, did anything ever get done to help those pensioners ? As a vehement Labor supporter I thought you might know & tell us.

Ar belly, you just can't help yourself, can you. >>rechtub, constantly you seek the worst in Labor/government.
Your posts are becoming satire.

Go back, look at my post and see that I clearly said ' can future governments keep their grubby little hands off our super.
'.

You are becomming droll and predictable.

Now as for a danger existing in the future, yes I do fear the worst as where else is the money going to come from to support the massess.

Mining can't continue to boom if they are taxed by an ETS.

After all, this is what is running our ecconomy to a large extent now.

Now as for being a 'rort for the rich', well I have always been of the view that the more taxes you pay, the better rewarded you should be and this, in my view, is one of the main reasons so many avoid taxes as they are simply propping up the system while missing out themselves. But this is another topic altogether.

And belly, I don't hate labor governments in general.

Bob was great, goss also, but these guys (rud and bligh) are hopeless. Please, take the cheque book away from them before we all go under.

Two more recent F-ups, broardband and gold cost motor racing.

Just remember, once the dust has settled and these fools have run their race, they will still have their personal wealth as they are financially unaccountable for their F-ups, unlike the rest of us!

Who can we rip off.
This imfamous phrase is the whole reason why government and private institutions have developed the current compulsory scheme.
I purchased a whole of life policy from AMP some forty five years ago.
The idea was that I would get a tax free savings plan and when I reached sixty five I would get a big bonus plus my contributions.
This con was put on me when I was fifteen,today the policy is not worth the paper it is written on.Caused by excessive insurance rates and the governmnet stopping tax free payments on whole of life policies.
Today my son is faced with the same bull,he thought it might be a good idea to put more money into his super.
I advised him that a home purchased last year in Melton Victoria was worth $200,000 today it is valued at $250,000.The interest being $12,000 minus rental of $12,000.
Work out the maths and we can see that super funds are ripping of our young.
Millions of people work for an employer for less than three
the super is often paid into a new super scheme,and lost forever to
the employee,this amount is hived into various institutions.
Most non union super schemes gamble with super,as has been exposed to the public over the last three years.
The poor Icelanders and Greeks have experienced this super rip off.
The safest place to put super is in a government backed Bank account,and have compulsory savings.

Individual first, well no way you will let reality shine on your dislike.
But yes under Howard, and Rudd/Gillard government is unwilling and unable to force some employers to just pay super.
It is an offense under the tax act not to, but gutless governments, all of them do not always act.
rechtub my fault this is how I wanted it to read, Labor and governments, ANY GOVERNMENT
Tax is the first and only tool governments can use to take too much from our super.
Gutless slothfulness in retrieving unpaid super is the another so two ways exist.
Now come. think it out bank rates, gee I am the uneducated one here.
Having passed only in emptying garbage bins and collecting empty milk bottles, with flying colors thou.
Who truly thinks super has not walked all over bank interest in just the last 5 years, or ten, or 20 years?
After 55 I became a whistle blower, took a redundancy, paid my tax bought my home started work again putting it in super putting in 28% of total income.
no rechtub not rich not even close but will survive without being on welfare just.
super is the answer, get in a fund that will not rip you of one fund not many and understand the trade union movement got us super and will, if you are a member fight to see your super is paid, more than the Australian tax office does.

you can be sure the public servants and politicians super is safe. as for the rest of us we just have to hope that the next lot of financial advisors turn out better than the current crop.