How does superannuation work?
Pink Piggy bank stuffed with Australian money Source: iStockphoto
If you're hoping for a comfortable life in retirement, spend some time learning about your superannuation. Taking a few steps now could make a big difference to your future finances and lifestyle. Australia’s super system looks similar to funding retirement in Western Europe. However, one important difference is that contributions are not paid to the public purse but to almost 200 private insurers and superannuation funds...
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