{"id":111630,"date":"2025-09-01T21:08:16","date_gmt":"2025-09-01T21:08:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/111630\/"},"modified":"2025-09-01T21:08:16","modified_gmt":"2025-09-01T21:08:16","slug":"scandals-show-super-and-financial-advice-ill-prepared-for-retirement-phase","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/111630\/","title":{"rendered":"Scandals show super and financial advice ill-prepared for retirement phase"},"content":{"rendered":"<p>Over the past three decades, Australia\u2019s compulsory superannuation framework has grown into the world\u2019s fourth-largest pool of pension savings, worth $4.2 trillion. It\u2019s an impressive achievement predicated on generating sustainable long-term investment returns.<\/p>\n<p>The day was always coming when the system would transition from the accumulation phase as the Baby Boomer generation started to exit the workforce. Yet the super industry appears ill-prepared to look after its members as they start to draw down on their retirement savings.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Over the past three decades, Australia\u2019s compulsory superannuation framework has grown into the world\u2019s fourth-largest pool of pension&hellip;\n","protected":false},"author":2,"featured_media":111631,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":{"0":"post-111630","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/111630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=111630"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/111630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/111631"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=111630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=111630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=111630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}