Even the architect is calling for a redesign

Paul Keating says the superannuation system he designed needs an overhaul.

Former Prime Minister Paul Keating this week put his weight behind moves for a radical overhaul of Australia’s $1.4 trillion superannuation system.

Insufficient contributions, poor risk management by an industry intent on feathering its own nest and a population that was living far longer than originally planned had contributed to a looming crisis in the system.

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