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.

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