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What is Superannuation in Australia? | Amber Wealth Management

Superannuation, also known as super, is a retirement savings scheme in Australia. It is a compulsory system for most employees, with employers contributing a percentage of your salary to your super account each payday. Your super is then invested for you by your super fund, and you can access it when you retire. In this video, we will explain what super is, how it works, and how you can make the most of it. #superannuation #superannuationaustralia #superannuationbasics #superannuationforbeginners #superannuationtypes #superannuationfunds #superannuationinvestment #superannuationconsolidation #superannuationretirement Visit our website: www.amberwealthmanagement.com.au Follow us on TikTok: www.tiktok.com/@amberwealth Follow us on Instagram: www.instagram.com/amberwealthmanagement/ Like us on Facebook: www.facebook.com/amberwealthmanagement Watch next ⬇️ ➡️    • How to Grow Your Super: A Comprehensi...   ➡️    • Tips for Changing Super Funds | Amber...   Amber Wealth Management is dedicated to empowering clients with confidence in their financial future. With a focus on trust, integrity, and discipline, we foster genuine relationships with our clients, ensuring we understand their individual needs and priorities. We provide tailored mortgage solutions and financial planning, and our services cater to diverse financial requirements, offering a comprehensive range of services including home loans, property investment, commercial property, business finance, superannuation, financial planning, wealth protection, investments, and retirement planning. Our team, led by Anthony Mitry, is committed to delivering personalized service and ongoing support, enabling you to make informed decisions and achieve financial success. To find out more about how we can help you, head to https://amberwealthmanagement.com.au/ Amber Wealth Management Pty Ltd ABN 50 934 138 263 is a Corporate Authorised Representative (No.1281090) of InterPrac Financial Planning Pty Ltd (ABN 14 076 093 680 – Australian Financial Services Licence No. 246638). Anthony Mitry is an Authorised Credit Representative (No. 416801) of Australian Mortgage Advisors Group Pty Ltd (ABN 17 098 840 567 - Australian Credit License Number 388570)