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Super behaviour: a note on young Australian adults’ engagement with their superannuation accounts

Malcolm Anderson, Martin Clark, Ian Ramsay and Chander Shekhar

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: We examine the behaviour and attitudes towards superannuation of 25-34 year old Australians. Our results suggest that they are generally uninterested in their superannuation accounts. They seldom read the information provided by their funds, rarely change their fund, and a majority of them do not make voluntary contributions. Overall the results suggest significant lack of interest in, and engagement and concern with issues related to their retirement planning.

Keywords: superannuation; young people; fund change; voluntary contribution; behaviour; Australia (search for similar items in EconPapers)
JEL-codes: D14 (search for similar items in EconPapers)
Date: 2017-01-02
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Published in Australasian Accounting, Business and Finance Journal, 2, January, 2017, 10(4), pp. 58-69. ISSN: 1834-2000

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