Many super funds are still failing retirees, even as millions prepare to stop work

By Natalie Peng, Lecturer in Accounting, The University of Queensland

Too many superannuation funds are still failing to provide sufficient support to retirees, three years after being urged to lift standards, Australia’s top regulators have warned.

This failure to prepare comes despite the massive demographic wave of Australians already in or about to enter retirement.

A new report from the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) reveals…

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