Employers must pay 10% of their salary into a super fund, which is called the Super Guarantee which is increasing every year. Superannuation is generally held inside an Industry Super Fund, Government Fund or Self-Managed Super Fund (SMSF).

More and more people are opting for an SMSF, as it can provide much greater flexibility and a way of keeping costs down.

Cumberland Partners can assist you with:

• Setting up and Administration of Self-Managed Super Funds (SMSF)
• Assistance with Lump Sum withdrawals
• Assistance on Property, Shares & Investments inside Superannuation Funds
• Audits on Super Funds