Foreign Policy needed for Super Sector

by

Ed.

From www.internationalaffairs.org.au: Australia’s superannuation sector, with over AUD$4 trillion in assets, significantly invests overseas, including approximately AUD$400 billion in the US.

Recent global market volatility highlights risks associated with this international exposure, prompting calls for clearer government strategies to safeguard Australians’ retirement savings.

The Albanese Government aims to leverage superannuation investments as a tool for foreign policy, but the development of a cohesive strategy remains ambiguous.

Filed under: Superannuation