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A fund with only pension member accounts which pay the minimum complying pension for the whole year have a tax rate of 0%. These taxes contribute over $6 billion in annual government revenue. [ 41 ] Superannuation is a tax-advantaged method of saving as the 15% tax rate on contributions is lower than the rate an employee would have paid if they ...
AustralianSuper is an Australian superannuation fund headquartered in Melbourne, Victoria.It is an industry super fund, and so operates through a mutual fund structure.. With over A$ 340 billion of retirement savings under management and more than 3.4 million members, AustralianSuper is the largest superannuation fund in Australia and the sixteenth largest pension fund in the world.
MTAA Super is a public offer fund and allows membership to all Australians. MTAA Super was named SuperRatings 7 year platinum performer for 2003-2010. In 2020, the fund was again awarded Platinum Rating by SuperRatings, who named MTAA Super a “best value for money” super fund.
In September 2018, ISA arranged a deal by 19 industry super funds to consolidate superannuation accounts of all of their members. Involving half a million inactive accounts containing few funds, it is estimated that it may collectively save its members around A$100 million a year in what they would otherwise pay in fees and life insurance premiums.
UniSuper is an Australian superannuation fund that provides superannuation services to employees of Australia's higher education and research sector. The fund has over 615,000 members and A$124 billion in funds under management, as of 30 June 2023.
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the ...
Other ways to find your account number. Find your account number on a paper statement: Your account number should be listed on the top if you have a paper bank statement or an electronic (PDF ...
Sunsuper Superannuation Fund (Sunsuper) was an Australian public offer industry superannuation fund based in Brisbane, Queensland, Australia. It was established in 1987 as a multi-industry superannuation fund open to all workers and is profit-for-members. Sunsuper was the largest superannuation fund by membership in Queensland, with 1.3 million ...