A 'self managed super fund', also known as a DIY Super, is a way for employees and their employers to jointly contribute towards the employee’s pension. The money is invested in government bonds, shares or even property until the employee retires. Upon retirement, the employee can release the fund in one of three ways; either as regular payments, as a lump sum, or as a combination of the two.
The advantages of having a DIY Super are:
Control: A DIY Super lets you make the decisions as
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