In this episode of Australia, Explained, we break down superannuation - what it is, how it works and what is currently being discussed. We look about the differences in superannuation savings between genders and industries, as well as discuss the findings of the royal commission into the misconduct of financial institutions that set forth a series of recommendations to improve the superannuation sector.
Bits and pieces mentioned:
Superannuation statistics in Australia
Unpaid super in the hospitality industry
2018 poverty in retirement report
This week, Tania recommended creating a MyGov account to keep track of your super fund accounts. Vanessa recommended an infographic that compares retirement funds around the world.
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