"It’s one of the biggest public policy failures since federation, in the sense that it hasn’t helped the budget, and it has not really helped many people get off the pension," he told ABC radio on Thursday."What it has done is it has created a huge viper's nest for banks and financiers and unions to pilfer, which is why what you saw at the Labor Party conference was now you're going to have super for under 18s."The Association of Superannuation Funds Australia (ASFA) refuted Bragg's comments, pointing out Australia's age pension expenditure had decreased since the scheme was introduced in 1992 Can I make it very clear: the super guarantee is here to stay," she told reporters in Canberra.Hume said the Coalition would consider adopting an early super access policy, telling News24 economic security in retirement hinged on home ownership, rather than a person's superannuation balance