It's a fact of life that all investments carry a degree of risk.
Interest rates rise, markets move up and down and corporations go broke.
There is also a risk that governments will change the rules that make some investments more attractive than others. This legislative or sovereign risk has suddenly increased in relation to superannuation. It seems increasingly clear that the Howard Government does not have the same level of commitment to superannuation as did the Keating Government. But superannuation investors need to be a little wary. The Government has been running into a few problems in the area lately and the rumours are thick that further changes will be announced in the May Federal budget.