Dynamics of the Australian superannuation system

Insights

Dynamics of the Australian superannuation system: The next 20 years

Retiring on $1 million isn't enough for Gen Y

Dynamics of Superannuation 2013-2033, growth, pre and post-retirement battlegrounds, the GFC, Generational shifts and Adequacy.

With total superannuation assets currently around $1.6 trillion, the pool is projected to grow to $4 trillion in the next 10 years and $7.6 trillion by 2033.

This growth is founded on the Superannuation Guarantee of 9.25% rising to 12%, on gradual population growth, as well as investment returns - a significant contributor.

As the fourth largest superannuation system in the world, Australia's system is a source of pride for government and those working in the financial services industry. This report into the dynamics of the Australian superannuation system confirms much of the inherent strengths of the system.

Projecting 20 years into the future, our ageing population that is living longer, our appetite for lump sums in retirement, combined with the impact of any global economic adversity, highlight a vulnerability for our individual funds.

These forces potentially place our superannuation system's stated aim of providing an adequate pool of investible funds to generate wealth and prosperity for our ageing population at risk.

Back to top

Dynamics of the Australian superannuation system: The next 20 years

TV interviews with Deloitte Partner Russell Mason on the Dynamics of the Australian Superannuation System

    • Contact us
    • Submit RFP
    • Our Solutions

      Progress your business growth and development

      Take a look at the products and services we offer.

      Deloitte Access Economics

      Deloitte Access Economics offers a full suite of macro and microeconomic advisory services.

      Financial services economics and policy advisory

      Deloitte Access Economics’ financial services sector practice provides trusted economic and policy advice to clients in banking, insurance, payments, wealth management and government.

      Financial Services

      Our Australian financial services team of more than 500 practitioners has extensive experience in the banking and securities, insurance and wealth management sectors.

    Did you find this useful?