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AAP
AAP
Business
Kaaren Morrissey

Rise of industry funds: shake-up ahead for Aussie super

Australians are increasingly turning to industry funds to manage their retirement investments. (Steven Saphore/AAP PHOTOS)

The superannuation industry is in for a shake-up in the decades to come, as the recent growth in Australians turning to platform investments or self-managed funds to plan for retirement eases.

That's the finding of new research into the super sector by advisory group Deloitte, which is predicting the rise of "mega funds" and hefty growth in industry funds over the next 40 years.

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