Superannuation: Choosing a Fund For Dummies

There’s never been a more important time for Australians to take an active role in their retirement savings and improve their financial knowledge. This latest ‘For Dummies’ guide is a great place to start.

By T Power

John Wiley & Sons Australia, 2005

$29.95

There’s never been a more important time for Australians to take an active role in their retirement savings and improve their financial knowledge. This latest ‘For Dummies’ guide is a great place to start.

Author Trish Power has set out clearly what the introduction of choice of fund means for every worker. Her clear explanations and suggestions cover eligibility for choice, options for those who aren’t eligible, how to assess your current fund’s suitability and whether its worth switching, the types of funds available and how to select the best one to switch to.

The more choice a person has the harder the choice is, but Superannuation: Choosing a Fund For Dummies offers both employees and employers a useful super choice toolkit.

It shows readers how to identify their super choices, compare super fund offerings, aim for long-term performance and get to grips with fees and insurance. Fund choice also applies to employers, of course, so Power has also set out what employers have to do under the new rules.

Superannuation: Choosing a Fund For Dummies suggests some age based super fund strategies and shows its never too late to start saving.