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Australia's $21 billion in lost and unclaimed superannuation

Original: unsustainable superannuation funds data australia

Australian outlet Kalkine reports that $21.2 billion in superannuation sits lost or unclaimed, prompting questions about whether Australians are missing out on retirement savings. The figure has drawn attention amid searches about the sustainability of super funds and calls for people to check whether they have forgotten accounts or entitlements owed to them.

Why now: Growing concern about how much retirement money is sitting in lost or unclaimed superannuation accounts and whether the system is working for savers

KalkineAustraliaAustralian superannuation system

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Evidence

• $21.2 Billion in Lost and Unclaimed Super: Are You Missing Out on Retirement Savings? · Kalkine

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