The Superannuation Industry in Australia: Working Paper 7

ISBN-10
1875997059
ISBN-13
9781875997053
Category
Pension trusts
Pages
43
Language
English
Published
1996
Author
Gordon L. Clark

Description

This paper is about the structure and performance of the superannuation industry. Although Australian superannuation funds are small by world standards, the current and projected rate of growth of these funds through to the year 2010 are such that the Australian industry is now home to many of the largest global fund managers - State Street Bank of Boston, JP morgan, Rothschilds, Towers Perrin, William Mercer, and Massachussetts Financial Services are all names familiar to many of the global finance sector. Understanding how they operate and what is distinctive about the Australian industry, are important aspects of the project. This particular paper aims to provide basic data on the causes, forces and patterns behind the growth of the Australian superannuation industry. Concern about regulation issues is left for another time.

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