Super changes may ignite Aussie variable annuities growth

Proposed changes to the superannuation industry in Australia are likely to help beef up the country's small insurance product market, including acting as a catalyst for the take-up of products such as variable annuities – a product that has been slow to take in the country, but that some are now tipping for explosive growth.

One of the effects of the Australian government's Henry Tax Report – which makes post-crisis recommendations to the government for reform, and the last parts of which were r