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Index funds are a type of mutual fund or exchange-traded fund (ETF) that tracks a specific market index. This means that the fund’s performance is designed to mirror the performance of the index it tracks.
Employers are mandated to make an increase of super guarantee contribution from 10.5% to 11% of an eligible employee’s before-tax salary or wages at the start of July 2023.
Here are the reasons why Valley Mayfair Wealth Management may recommend ETFs to retail clients.
While there has not officially been any death duties in Australia for decades, they definitely still exist, albeit under another name – superannuation death benefit taxes.
Save it. Invest it. Pay down debt. When it comes to deciding how to invest $10k, there are plenty of options to consider.
Investments aim for returns with varying levels of risk based on the asset class. Choose suitable investments to minimize loss.