The major changes announced in this year’s budget will address lingering issues in the superannuation system and allow people to seize back control over their contributions.

The superannuation and retirement income sector has welcomed changes announced in the budget as necessary without being too disruptive.

The decision that enabled Australians legitimate early access to superannuation as a response to COVID-19 has been described as a success.

The confusion around the indexation of the TBC may lead to a more simplified model in this year’s budget, but the government has given nothing away so far.

Only one in five Australians make regular extra contributions into their super, with as many never having done so, according to new consumer research.