I was fortunate enough to be around at the birth of the compulsory superannuation system in Australia, in pretty much a literal sense. I was part of the Australian Government team supporting the case for award superannuation in the national productivity wage case in 1986. It was a fairly long labour with many hours spent sitting in the Australian Industrial Relations Commission hearing room on the top floor of Nauru House in Melbourne. There are people who try to reinvent history with claims that compulsory superannuation was more about privatising the Age Pension than improving living standards in retirement. However,...