News Asia12 Feb 2026

Australia's superannuation system failing to turn savings into retirement income

| 12 Feb 2026

Superannuation company, Super Consumers Australia, has urged the Australian Federal Government to urgently fund a free, independent retirement guidance and comparison service through the Australian Securities and Investments Commission's (ASIC) Moneysmart website, warning that complexity and a lack of trusted information are leaving Australians vulnerable to predatory superannuation schemes.

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