Estate planning and superannuation

Estate planning and superannuation

Superannuation is a critical pillar of Australia’s retirement income system. The Treasury Department considers that by 2018 it will be the most critical – estimating that age retirement benefits will exceed age pension outlays.

Superannuation is a critical pillar of Australia’s retirement income system. The Treasury Department considers that by 2018 it will be the most critical – estimating that age retirement benefits will exceed age pension outlays.

Whether superannuation is held through a self managed fund, an industry fund or a retail fund, it is a critical part of a family’s wealth – monies invested in superannuation are today worth about $1.5 trillion, roughly the same as our GDP, with that number exponentially increasing.

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