The Anti Discrimination Board (ABD), the National Congress of Australia’s First People (National Congress) and PIAC hosted a forum to discuss the difficulties faced by Aboriginal and Torres Strait Islander people in accessing their superannuation.
Consumer advocates, legal professionals and others working in the area attended the super forum, held at PIAC on 12 March 2013. PIAC presented the forum’s findings to superannuation funds, government agencies and other stakeholders at an Australian Securities and Investment Commission (ASIC) forum called Super and Indigenous Consumers – Improving Access and Engagement.
Some of the difficulties faced by Aboriginal and Torres Strait Islander people such as low levels of understanding of the superannuation system are problems experienced by many Australians.
Other issues, however, such as significantly reduced life expectancy, are particularly relevant to Aboriginal and Torres Strait Islander people.
PIAC is continuing to work with all involved to support reforms to improve access to superannuation by Aboriginal and Torres Strait Islander people.
Photo: National Congress director Rod Little with ASIC senior manager Robynne Quiggin at the PIAC superannuation forum.