Mandala Partners：2025年弥合差距：澳大利亚养老金资本在英国和欧洲的机会报告（英文版）

With A$4.3 trillion (£2.1T; €2.4T) in assets under management as of June 2025, Australian pension funds form the fourth-largest pool of retirement savings globally, behind only the US, Canada and the UK. Assets have grown strongly over the past two decades, supported by mandatory contributions, preservation rules, and competitive fund structures. Total inflows of around A$4 billion (£2.0B; €2.2B) each week will continue to drive this rapid system growth. By 2035, the Australian pension system