AUSTRALIA’S superannuation system is projected to become the world’s second largest by 2031, surpassing the UK and Canada, according to the Su-per Members Council. With $4.1 trillion in assets, the system is growing twice as fast as global peers, reducing reliance on the Age Pension and easing pres-sure on taxpayers. Key policy settings—universal coverage, compulsory con-tributions, and preservation until retirement - drive its success. A super fund delegation is in the US seeking global investment opportunities to grow mem-bers’ retirement savings further.
12 April 2025
Posted by
editor
AUSSIE SUPERANNUATION PASSES UK, CANADA
-
font size
decrease font size
increase font size
Login to post comments