Accountancy, asked by saurabhsalil, 3 months ago

What is Superannuation fund?? ​

Answers

Answered by Anonymous
4

Answer:

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It is a compulsory system of placing a minimum percentage of your income into a fund to support your financial needs in retirement. Your super is invested in a range of assets to help grow your balance so you can have the best possible retirement outcome.

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I hope this helps you.........

Answered by devirekha7559
12

sᴜᴘᴇʀᴀɴɴᴜᴛɪᴏɴ ғᴜɴᴅ ɪs ᴏɴᴇ ᴏғ ᴛʜᴇ ʙᴇɴᴇғɪᴛs ᴘʀᴏᴠɪᴅᴇᴅ ʙʏ ᴀɴ ᴇᴍᴘʟᴏʏᴇʀ. ᴄᴏᴍᴍᴏɴʟʏ sᴜᴘᴇʀᴀɴɴᴜᴀᴛɪᴏɴ ɪs ᴀɴ ᴇʟᴇᴍᴇɴᴛ ᴏғ ᴄᴏsᴛ ᴛᴏ ᴀ ᴄᴏᴍᴘᴀɴʏ , ᴀɴᴅ ɪᴛ ʙʀɪɴɢs ᴅᴏᴡɴ ᴛʜᴇ ᴛᴀᴋᴇ-ʜᴏᴍᴇ sᴀʟᴀʀʏ.

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