Australia’s corporate regulator has warned the nation’s A$4.5 trillion ($3.16 trillion) pension fund industry it needs to invest more in systems and technology to better prepare for the future and avoid becoming troubled like stock market operator ASX .
Australian Securities and Investments Commission (ASIC) Commissioner Simone Constant said the pension fund industry, known locally as superannuation, was on track to be worth A$6 trillion by 2030.
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At that size, she said, it would be lar… [1371 chars]
Source: Reuters | Published: 2026-02-04T00:22:28Z
Credit: Reuters
