Planning for retirement is crucial. For many Australians this involves managing and increasing contributions to their superannuation fund.

Government policies, however, significantly affect retirement savings. Recent draft legislation proposed by Treasurer Jim Chalmers aims to reduce tax concessions for those with super savings exceeding $3 million.

This draft legislation was released within a month of the government revealing plans to define an "objective of superannuation" for future generations and parliaments, with the purpose of preserving savings in an equitable and sustainable way.

What does this all mean for you? Tune in now for expert insights.

Host: Simon Downes, External Affairs Lead, CPA Australia

Guest: Richard Webb, Senior Manager Financial Planning and Superannuation Policy, CPA Australia

You can read CPA Australia's submission on the Better Targeted Superannuation Concessions Bill on our website.

CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:

• With Interest
• INTHEBLACK
• INTHEBLACK Out Loud
• Excel Tips

Search for them in your podcast platform.

You can email the podcast team at [email protected]