The Association of Superannuation Funds of Australia (ASFA) has continued community consultation on the future of the superannuation system, launching a survey which addresses a number of policy areas which may impact on retirement adequacy and the system’s sustainability.
It is calling for the community’s views on how the system should be evolved to accommodate expected demographic changes in coming decades.
The survey forms part of ASFA’s consultation process regarding the future design of the super system which it signalled in May with the launch of a white paper outlining its views on potential changes. It said constant tinkering with the system had eroded confidence.
“People deserve to be able to plan for their retirement without thinking the goalposts are going to be moved all the time,” ASFA chief executive Pauline Vamos said.
“This is why we believe it’s crucially important we build a national consensus when it comes to superannuation policy, so that decisions can be made that are politically neutral and have the support of the broader community.”
Vamos said an ageing population, improvements in longevity and a maturing system were factors that needed attention.
The survey is available at www.surveymonkey.com/s/asfaconsumersurvey until 17 August.
