Powered by

Retirees mobilise to stop franking credit change

Nov 21, 2018 - Australian Financial Review

The Baby Boomers are revolting and their leader, fund manager Geoff Wilson, looks nothing like a rebel.

By his own admission, Mr Wilson's superannuation will be unaffected by Labor's plan to make franking credits non-refundable.

Essentially, he pays enough tax to make use of any franking credits his self-managed super fund receives.

But Mr Wilson has plenty of clients who will be worse off, which may of course also be bad for business.

He has taken on the cause with a ven...