More About Superannuations

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Superannuation is a form of self managed super fund and is a very smart way to invest money and to provide for older age. The idea behind a superannuation is to invest a pot of money in order to gain interest, normally with the intention of saving for retirement. Anyone can submit to a superannuation be they employers, employees or self employed, and here they will submit the money in a series of payments over an agreed timescale in much the same way that you might submit money to a pension scheme in monthly or annual payments.

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