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Less than 15% meet ASFA standard of retirement savings

Less than 15% of Australians aged 40 to 64 meet the standard set by Association of Superannuation Funds of Australia (ASFA) for retirement savings, according to a survey by Towers Watson and the University of Melbourne.

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Read more: SuperannuationASFAAustraliaAustraliansAssociationMelbourneSuperannuation FundsTowers WatsonUniversityASFA Retirement StandardHILDAHouseholdIncomeJohn BurnettLabor DynamicsResearchersSurveyTowers Watson Australia