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Superannuation & Retirement

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The superannuation system is a government initiative that is designed to allow people to save up enough money to fund their retirement.

This is achieved by providing a tax advantaged environment into which funds can be invested, and into which it is usually compulsory that a minimum amount of wages be deposited.

Super investment vehicles include Self Managed Super Funds and Small APRA Funds.

Because of the tax advantaged environment, super is an excellent investment vehicle into which additional funds can be deposited for the purpose of saving for retirement.

Superannuation does have the disadvantage that fund can’t be accessed until retirement, and so liquidity and cash flow is affected & will need to be considered in any strategy involving the superannuation environment.

Superannuation strategies can be complex because of the many different, often obscure, factors that need to be considered including taxation and legislative issues.