This might seem a daft question but do Australian Superannuation funds work in the same way as a UK pension ie.when you retire do they pay you a lump sum or monthly payments or a mix of both?

After the recent changes to superannuation announced in the last Federal Budget the entire lump sum can be paid on a tax free basis, from which an income stream can be obtained, also on a tax free basis.

Have a look at:
http://simplersuper.treasury.gov.au/

Unlike the UK though contributions made into super are taxed, but at a concessional rate of 15%.

Best regards.