LOGIN Super explained Super is a special investment ‘structure’ with tax advantages created by the government to help people save for retirement during their working life. It’s a compulsory scheme where your employer generally needs to pay a percentage of your wages, known as Super Guarantee (SG) contributions, to your super fund. You can invest in the same assets, such as cash, fixed interest, shares or property, inside or outside super. The difference is that the government provides potential tax savings on investments inside super as an incentive to put your money in. The catch is, you generally can’t take it out again until you retire or meet a specific condition of release. To find out more about super, visit ASFA's Super Guru website or read our What is super? factsheet. What's the benefit of compulsory super savings? Super helps people save consistently for retirement throughout their working lives. Benefits from compounding returns. It limits the risk of not saving for the future or other events later in life, such as disability. Email us Sign up Contact us MySuper Product Dashboard About us Super PDS Pension PDS Privacy Policy Financial Services Guide Contact us Complaints Issued by AUSCOAL Superannuation Pty Ltd ABN 70 003 566 989 AFS licence 246864 Trustee for the Mine Superannuation Fund ABN 16 457 520 308. This is general information only and does not take into account your financial situation, needs or objectives. Before acting, consider if the information is right for your needs and circumstances and read the relevant Product Disclosure Statement. The Target Market Determinations (TMD) for our financial products can be found at mine.com.au/tmd. This information is based on our understanding of current Australian laws and assumes they will remain unchanged. Any links to external sites are for information purposes only and are not an endorsement. We take no responsibility for the content. Advice is provided by Mine Super Services Pty Ltd ABN 49 051 315 014 AFS licence 502700.