Transferring Pensions to Australia and what is Superannuation?

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When you make the move to Australia most of you may have a pension in place that you would like to bring over. There are a few companies around that can assist you with this and make the job a lot easier. We have provided links below to companies that can assist you with this.

Ever heard 'Super' or Superannuation mentioned but not sure what it is or how it works? Superannuation is a retirement (including pensions) program in Australia. It has a compulsory element whereby employers are required by law to pay an additional amount based on a proportion of an employee's salaries and wages (currently 9%) into a superannuation fund, which can be accessed when the employee meets one of the conditions of release such as retirement. There are many 'super' funds available and you are able to make additional payments to boost your retirement fund.

There are many different companies offering different plans so we have included a few below along with some comparison websites and more info.