Exploring the strengths and challenges of Australia's superannuation system and the gender discrepancies in retirement savings. Discussing upcoming improvements and the importance of financial education for future generations' financial security.
Experts have long held up Australia’s 32-year-old “superannuation” system as the retirement model to follow. But as countries all around the world are bracing for a “silver tsunami” of aging baby boomers, even Australians worry they don’t have enough saved.
Today, host Sarah Holder and Bloomberg’s Amy Bainbridge discuss what makes this system so super — and why it’s still falling short.