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View Superannuation Australia Pics. This increase will have a positive impact on the amount of super you save and can spend in retirement. What is super super, or superannuation, is important because the more you save, the more money you will have in retirement.
Your superannuation is one big investment portfolio in your name that's managed for you by your super fund.
Superannuation (or 'super') is a compulsory system of placing a minimum percentage of your income into a fund to support your financial needs in retirement. In australia, we have a mandatory retirement scheme called superannuation. This increase will have a positive impact on the amount of super you save and can spend in retirement. Superannuation is the portion of your earnings and savings that is placed in a fund and typically held there for you to use after you retire.
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