Debunking the Myths About Superannuation
As financial advisers we often get asked “which superannuation fund is the best?”
The truth is there is no “best” super fund out there and no “worst.”
At the end of the day all superannuation funds are the same in that they are all simply legislated trusts that have special rules around three key areas:
Contribution and Withdrawal Strategies – when and how you can put money in and take money out.
Tax – how much tax you pay and when you pay it.
Sole Purpose Test – the fund must be run for the sole purpose of providing an income for your retirement.
So why are there so many of them and what is the difference?
To find out, fill in the form and we will have one of our advisors contact you to discuss your options.