Another name for an occupational pension scheme; tends to be used in reference to 'national' schemes such as those for teachers, police, local authorities, and so on. All are governed by the same Revenue rules and regulations.
A type of trust fund created specifically to hold and invest members' superannuation.
a concessionally taxed investment fund for superannuation monies. These funds can accept both ETPs and contributions. Generally balances cannot be withdrawn until retirement. These can be run by an employer as a company fund, a fund manager as a personal fund or can be self managed by an individual.
a fund reserved to pay workers' pensions when they retire from service
a trust fund comprising a sum of money (or pool of assets) set aside primarily for the purpose of providing retirement benefits
a concessionally taxed investment fund for superannuation monies. These funds can accept both ETPs and other contributions. Generally balances cannot be withdrawn until age 55 and fully retired. An employer can run these as a company fund, a fund manager as a personal fund or can be self managed by an individual.
A trust fund, established primarily to provide benefits for members on their retirement, or on their resignation, death, disablement or other specified events. Superannuation funds are usually governed by a trust deed and administered by trustees. (see also What is superannuation?) See also complying superannuation fund.
Managed funds, which receive concessional tax treatment and provide for the payment of benefits upon retirement or death.
a concessionally-taxed fund for superannuation monies. A superannuation fund can accept rollovers from other funds known as Eligible Termination Payments (ETPs) and contributions, money deposited into superannuation for the first time. Generally, funds can not be withdrawn until retirement.