In this episode of Australia, Explained, we break down superannuation - what it is, how it works and what is currently being discussed. We look about the differences in superannuation savings between genders and industries, as well as discuss the findings of the royal commission into the misconduct of financial institutions that set forth a series of recommendations to improve the superannuation sector.Bits and pieces mentioned:Superannuation statistics in AustraliaUnpaid super in the hospitality industry Women in super statistics2018 poverty in retirement report CANSTARThis week, Tania recommended creating a MyGov account to keep track of your super fund accounts. Vanessa recommended an infographic that compares retirement funds around the world.If you’re new to Australia, Explained, we are a weekly news podcast dedicated to helping Aussies get on top of things Down Under. You can support us by clicking ‘Subscribe’ or ‘Follow’ on your preferred podcast app, leaving a review, and most importantly - share this podcast with your friends!Follow us for more short, sweet and simple Aussie content on Instagram & TikTok @australiaexplainedpod. Hosted on Acast. See acast.com/privacy for more information.

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