Australia - Superannuation

 

Superannuation is Australian retirement savings/investment scheme. The mandatory deposits to a superannuation fund amount to 9% of individual's gross salary.

Members of the military get different arrangements.

Industry Super Funds

Industry super funds generally have lower maintenance fees and lower or no contribution fees. They are "not-for-profit" super funds. Usually they are multiemployer funds run by employer associations and unions.

Some of these type of funds are VicSuper, Australian Super, etc.

VicSuper: siteinvestment options members online

Retail Super Funds

AMP (My Portfolio) • BT