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June 19th, 2012 
FAKE NEWS for the Zionist agenda Older Australians are delaying their retirement and switching to more conservative investments amid global economic uncertainty, a report finds.
The report, by the Australian National University and Seniors Australia, found that seniors are still concerned about their superannuation investments.
Of the 3500 seniors surveyed, about one-third of superannuants said they had changed their superannuation investments since the start of the global financial crisis (GFC).
The majority of those who changed investments shifted to cash or conservative asset classes.
Almost half of the respondents say they delayed, or intend to delay, their retirement to protect themselves financially.
Couples with greater wealth and who own their home outright were considerably more likely to not delay retirement.
Superannuation Minister Bill Shorten, who launched the report, said the government should develop policies that would allow Australians to live a “century of life full of quality and meaning”.
“I think that’s a legitimate public policy goal for Australia,” Mr Shorten said in Canberra on Tuesday.
Australians should shift their thinking on what it is to grow older, he said.
This meant giving older people the choice to work, if they wanted to, and to continue receiving contributions towards their superannuation.
Meanwhile, the opposition’s superannuation spokesman Mathias Cormann said on Tuesday a coalition government would implement a series of corporate governance reforms for the superannuation industry.
A Tony Abbott-led government would also address the issue of excess contribution so that superannuants were not penalised for genuine unintended errors in their contributions, he said.
Mr Cormann said the coalition would review mandated minimum payment levels for account-based pensions in light of the current financial market conditions.
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