Does 'pot for life' spell the end of the workplace pension scheme?

Jonathan Stapleton says reforms could mark a big bang moment for pension provision

Jonathan Stapleton
clock • 3 min read
Consolidation into a 'pot for life' could spark a sea change for workplace pensions, PP editor Jonathan Stapleton says
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Consolidation into a 'pot for life' could spark a sea change for workplace pensions, PP editor Jonathan Stapleton says

In 1993 there were 2,920 in-house defined benefit (DB) and defined contribution (DC) company pension schemes in Australia, now there are just 8.

The decline in Australian occupational provision coincides with the rise of the country's superannuation system - most notably the introduction of the compulsory Superannuation Guarantee in 1992, w...

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