Mary Delahunty, CEO of the Association of Superannuation Funds of Australia (ASFA), talks about the state of superannuation funds in Australia. She presents the Australian model as an example to follow, thanks in particular to its principles of universal coverage and preservation of funds until retirement.
Delahunty also mentions that experts from all over the world are interested in the way Australia has managed to reconcile individual prosperity and economic growth through its superannuation system. However, she acknowledges that there are challenges to be overcome, including adapting the system to professional realities and ensuring fairness, particularly for women who take time off work for family reasons.
She stresses the importance of adapting the system so that it better reflects the diversity of career paths and ensures that women are not disadvantaged in retirement. Delahunty also stresses the need to inform people about how to manage their retirement savings and the role of the government pension, to ensure a comfortable retirement for all.
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