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eerrrr Tom? what relevance has that to this thread?
Howard - this legislation was to deal with a very real problem and was brought in by the last government based on a scheme in New Zealand that was successful. But this country is very different and a lot larger than NZ!!!
I am rather disappointed that the present government did not reverse the decision and establish a different way forward with retirement planning. Even if just to extend/change the timescales.
We just have to deal with it, but I am convinced that this will produce a lot of problems for small companies and will impact adversely on economic recovery.
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