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31+ Australian Superannuation Companies Background
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31+ Australian Superannuation Companies Background. Learn how you can start planning for your retirement. Consider whether this advice is right for you.
Superannuation, or 'super', is money put aside by your employer over your working life for you to live on when you retire from work. The australian financial complaints authority (afca) can consider a complaint you have about a superannuation product you hold with a financial firm. Smsfs are private superannuation funds that are regulated by the australian tax office (ato) and managed by individuals, called trustees, for up to 4 members.
Superannuation companies in australia are regulated by the australian prudential regulation authority (apra).
Consider whether this advice is right for you. Total superannuation assets rose from $2 trillion at 30 june 2015, to $2.7 trillion at 30 june 2018. Over the 12 months from march 2020 there was a 3.1 per cent increase in total superannuation assets. Slightly older each year after that.
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