Question: I am 16 years of age. I still go to school but I have just started my first part-time job. Do I get any superannuation? And if I do, where does it go? Answer: Congratulations on your first job. You ask two questions about your super entitlements: Am I eligible for Superannuation … [Read more...]
If you have a few spare moments, I suggest you contact your superannuation fund and ask the person on the other end of the phone to verify your superannuation account balance, and confirm that no one has withdrawn any of your super cash lately. Your super fund may also give you access to your super … [Read more...]
On 10 December 2009, the Government’s Super System Review released ‘A statistical summary of self-managed superannuation funds’. Although mainly based on data as at June 2008, the document provides interesting insights into what the ‘average’ SMSF is doing in terms of fund costs, asset … [Read more...]
