... tell us that the superannuation system needs an overhaul.

One reason given for the overhaul is that it creates billions in ‘lost super’.

Changes to “lost super” are more likely to benefit big fund managers or the government who hold this vast reservoir of “lost” super, than it will benefit members.

Is this an issue created out of mere inconvenience?

Your super is considered “lost” if your account has not received any contribution for two years or mail sent by the fund is returned unanswered twice.

Such a broad sweeping term means distorted statistics can be used to serve the purposes of anyone, but the member.