“It’s a disgrace”: Are your life savings ever really safe? | 60 Minutes Australia

The superannuation industry in Australia is mostly a fabulous triumph.
At last count the super savings pot was overflowing with more than four trillion dollars. That’s a lot of zeroes and guarantees prosperous retirements for millions of hard-working people. But superannuation here has also become a victim of its success. It’s now so valuable, like moths to a flame, it’s attracting the unscrupulous, hellbent on getting their hands on the riches.

*4,000,000,000,000 Reasons to Scam (2025)*
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