Otton Reveals The Need For Australians To Invest Beyond Superannuation For Long Years Of Retirement
Australian employers are obliged to contribute 9% of each workers’ wages to superannuation funds to help support employees through retirement. However, property investment innovator, Rick Otton, now reveals that a growing number of Aussies are needing to work long past the traditional retirement age of 65, showing that superannuation is just not enough. Sydney, Australia (PRWEB) November 08, 2011 Despite the compulsory superannuation fund payments (9% of wages) that Australian employers are required contribute for each of their staff, the Australia Bureau of Statistics has released figure
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