While the changes have received a lot of bad press, at the heart of it all they are constructive, prudent and progressive amendments designed to protect the future wealth of the very people who need these funds most. As a society we are living longer, saving less, and most of our pensioners are in financial crisis. By increasing tax incentives and simplifying the rules of the game, the government aims to encourage retirement savings for a sustainable future (with fewer pensioners reliant on government assistance).