With over $1.5 trillion of savings invested, superannuation remains the largest asset for most Australians outside the family home, and one of the most tax-effective savings vehicles available.

While it seems like the legislation is often changing, these changes are often positive, including the increase of employer contributions from 9% of your salary in 2012 to 12% in 2019.

Keeping on top how superannuation works, and what it can do for you, is one of the best investments you can make.

For more information check out MLC’s Superannuation section.