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Trump Embraces Australian Retirement System Backed by Larry Fink
By
Brianna Sosa
News July 13, 2026 at 01:55 PM
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What You Need To Know
- The president is looking at the country's private pensions, known as superannuation funds, for inspiration to reform the ailing U.S. retirement system.
- “My view is that our system is better designed,” said Alicia Munnell, a senior adviser at the Center for Retirement Research at Boston College.
- Trump has repeatedly praised Australia's employer-funded, privately run system in recent months.
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