Superannuation expert Daryl Dixon discusses the delays in compulsory super contributions with Tony Delroy
Dixon Advisory Executive Chairman Daryl Dixon discusses the recent government announcements on the delay of increasing compulsory super contributions with Tony Delroy. The conversation details the recent news on the deferral of the phased-in rise of compulsory employer super contributions to 12 per cent of salary, with Daryl discussing the full range of impacts and influences on superannuation investments, housing, small businesses and self managed super funds.
With the conversation focusing on the delay in compulsory super contributions, Daryl and Tony discuss the real impact despite recent reports, going into detail about how this influences private business, academic and public servant super contributions. Daryl also explores the upshot of the ASX at a 6 year high and considers the impact on super funds holding shares in the ASX compared to other investments.
Daryl and Tony discuss the reaction to Senator Nick Xenophon's limited proposal to allow first home buyers to use their superannuation to help achieve home-ownership. With arguments for and against, Daryl explains how this worked overseas in Singapore, considering the effect this has on levels of home ownership, an individual's capacity to save and standards of living in retirement.