Retail Super Funds

Retail super funds are commercial retirement savings plans operated by financial institutions, designed for individuals to grow their superannuation (retirement savings). Members typically access these funds through employment or personal contributions. The funds are invested across various assets to generate growth over time. Retail funds often offer a range of investment options and services, including financial advice, to help members plan for their retirement. They are regulated by government authorities to ensure transparency and security. Essentially, retail super funds help individuals save and invest money during their working years to provide income in retirement.