How To Use Superannuation fund In A Sentence
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This involves dedicating 8 per cent of taxation revenue to a superannuation fund which is then invested to build a portfolio of financial assets.
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Apart from the collection, pooling and investment of contributor funds, superannuation funds also facilitate the flow of capital from surplus units to deficit units in modern capitalist economies.
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They would offer an interest rate that would be guaranteed by the government, say 5% or 6%, and superannuation funds would invest in those bonds.
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The legislation cannot apply to certain state superannuation funds because they are protected from revenue measures under the constitution.
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My recollection is that one of the most controversial issues at the time this legislation was in contemplation was the position of trustee companies of superannuation funds.
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For example, Australians for the past decade and a half have been obliged to save for their own personal superannuation funds.
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When one sees the words ‘Government Superannuation Fund’ one has a sense of some certitude, some certainty, but there is none.
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Such resources as were available needed to be preserved for existing structures, particularly as the union was in the process of setting up a superannuation fund.
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Ongoing contributions to the superannuation fund are essential to guarantee future superannuation payments to New Zealanders.
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Shares feature prominently alongside a mixture of securities and property investments in the holdings of the superannuation funds.
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We have made big investments for the future in the Superannuation Fund and now in the savings initiatives.
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Another pet hate for consumers [is] the levels of fees paid to superannuation funds and investment managers.
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Ongoing contributions to the superannuation fund are essential to guarantee future superannuation payments to New Zealanders.