What is super for? The kids

Just over 70 per cent of older working Australians with adult children are planning to help them financially by drawing down on super.

Leaving money for their children is the top reason retirees draw on their superannuation savings, according to a survey by the Retail Employees Superannuation Trust, highlighting the challenge of defining the purpose of the super system.

Link Group's $2.3b IPO set to pop

Link Group's stock is tipped to lift when it hits the market on Tuesday, despite investor concerns that the business model is exposed to reg...