Unit 1: Introduction to Superannuation - 2024
By Sasha Prien
1h 29m CPD time
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Get a brief history of super, then learn about our case study & key elements and terms you’ll encounter in the super system. In this unit, we cover:
Introduction to the Case Study
What is superannuation?
Different perspectives on super
The origin story - a history lesson
The superannuation legal landscape
Key Elements & Definitions
What makes up superannuation?
Classification of super funds
Defined benefit funds
Accumulation (defined contribution) funds
Industry funds
Retail funds
Corporate & Public sector funds
Self Managed Superannuation Fund (SMSF)
Small APRA funds
Choosing the right fund
What happens if an employee doesn’t choose a fund?
Reading an Annual Statement from your super fund
Date recorded: 19 September 2024