Category: Superannuation

An accumulation fund is a type of investment fund that aims to grow the value of its assets over time through capital appreciation. This fund is designed for investors who are looking to build wealth over the long term by reinvesting any income or gains back into the fund rather than taking them as cash…

Testamentary trusts and superannuation are two important components of estate planning that can help individuals ensure their assets are distributed according to their wishes after they pass away. Understanding how these two elements work together is crucial for anyone looking to effectively manage their estate and provide for their loved ones. In this article, we…

Superannuation is a crucial aspect of financial planning for many individuals, especially in countries like Australia where it is mandatory for employers to contribute to their employees’ retirement savings. But have you ever wondered what actually happens to the superannuation that is paid to employees? In this article, we will delve into the intricacies of…

Superannuation is a crucial aspect of financial planning, especially when thinking about retirement. It is essentially a long-term savings plan designed to provide financial security in retirement. Group superannuation funds are a popular option for many employees, as they offer a range of benefits and advantages compared to individual superannuation accounts. In this article, we…

Superannuation obligations are a crucial aspect of financial planning and retirement preparation. In Australia, superannuation is a mandatory system designed to provide income for individuals during their retirement years. Employers are required by law to contribute a percentage of their employees’ earnings into a superannuation fund. This article will delve into the details of superannuation…

The pension phase is an important stage in a person’s financial journey, especially as they near retirement. It is the period during which a retiree begins to utilize the funds that have been accumulated in their pension account over the years. This phase typically starts once a person reaches the age of retirement and stops…

Superannuation is a critical aspect of financial planning for many individuals, especially in countries like Australia where it is a mandatory retirement savings scheme. However, there are instances where individuals may have unclaimed superannuation without even realizing it. Unclaimed superannuation refers to any superannuation funds that have been left inactive or forgotten by the account…

Buying your first home can be an exciting but daunting process. With the rising cost of property in many parts of the world, saving up for a deposit can seem like an insurmountable challenge for many young people. However, in some countries, there are government initiatives in place to help first home buyers get a…

The Pensioner Concession Card is a valuable resource for seniors in Australia. This card provides access to a range of discounts and concessions on essential services, helping pensioners save money and make their retirement more comfortable. In this article, we will delve into the details of the Pensioner Concession Card, including eligibility criteria, benefits, and…

Dependant (for superannuation purposes) refers to individuals who rely on someone else for financial support. In the context of superannuation, dependants play a crucial role in determining how a deceased individual’s superannuation benefits are distributed. Understanding the concept of dependants and their significance in superannuation is essential for effective estate planning and ensuring that your…