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Superannuation Savings for Retirement: A Growth Area in the Financial System

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Added on  2023-06-12

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This presentation discusses the benefits of superannuation savings for retirement, including capital guarantee, low cost maintenance, and safety of money invested. It explores the different types of funds available, such as employer/corporate/staff funds, personal funds, industry funds, and self-managed super funds. The presentation also covers the reasons for the growth of superannuation savings, including taxation incentives and the aging population. Additionally, it highlights the positive impact of superannuation on the diversity of Australia's savings and the national savings rate. Finally, the presentation concludes with the appreciation of capital, safety of post-retirement cycle, and strong support by the employer, trade unions, and government.

Superannuation Savings for Retirement: A Growth Area in the Financial System

   Added on 2023-06-12

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SUPERANNUATIO
N
Superannuation savings for retirement is a
growth area and represents a significant
proportion of the assets accumulated in the
financial system
Superannuation Savings for Retirement: A Growth Area in the Financial System_1
INTRODUCTION
Superannuation savings account is an
account that leads to :
Not exposed
to market
volatility
Capital guarantee
Safety of money
invested
Backed by the
Commonwealth
Bank
Low cost
maintenance
Superannuation Savings for Retirement: A Growth Area in the Financial System_2
SUPERANNUATION
SAVINGS
Long term savings
plan
Income after
retirement
Benefit to
beneficiaries on
death
Amount remain
invested and the
earnings provided
are reinvested
Superannuation Savings for Retirement: A Growth Area in the Financial System_3
SUPERANNUATION
SAVINGS
Why
Superannuation
savings?
Forecasting the
retirement
needs
Aging population
of country
Taxation
incentives
Savings
accumulated by
individual
Superannuation Savings for Retirement: A Growth Area in the Financial System_4

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