Hang tight — that’s the clear message experts have for the million or more people fearing the impact of Bill Shorten’s proposed changes to retirement incomes.
“Don’t act yet — until Labor get it through the Senate,” said Plato Investment Management chief Don Hamson.
“I think there’s a reasonable chance they’ll have to do some (further) exemptions and it might look quite different.
“Or it might not get through at all,” Dr Hamson said.
“A good decision is based on knowledge and not on numbers.”
Plato (427-347 BC)
Plato Investment Management Limited AFSL 504616 ABN 77 120 730 136 (‘Plato’).
Whilst Plato believes the information contained in this communication is based on reliable information, no warranty is given as to its accuracy and persons relying on this information do so at their own risk. Subject to any liability which cannot be excluded under the relevant laws, Plato disclaim all liability to any person relying on the information contained on this website in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information.
Pinnacle Fund Services Limited ABN 29 082 494 362 AFSL 238371 is the product issuer of funds managed by Plato. Any potential investor should consider the relevant Product Disclosure Statement available at https://plato.com.au/retail-funds/ in deciding whether to acquire, or continue to hold units in a fund. The issuer is not licensed to provide financial product advice. Please consult your financial adviser before making a decision. Past performance is not a reliable indicator of future performance.
Disclosure contained on this website is for general information only. Any opinions or forecasts reflect the judgment and assumptions of Plato on the basis of information at the date of publication and may later change without notice. Any projections are estimates only and may not be realised in the future. Information on this website is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. Unauthorised use, copying, distribution, replication, posting, transmitting, publication, display, or reproduction in whole or in part of the information contained on the website is prohibited without obtaining prior written permission from Plato. Past performance is not a reliable indicator of future performance.