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News from Print Super - 3/4/2006 The cost of a comfortable retirement continues to increase. Recent data from the Association of Superfunds of Australia and Westpac reveals that the cost of a comfortable retirement for a retired couple has risen by $1,000 to $46,192 pa. If you save a little more in superannuation then retirement can be so much more enjoyable and less stressful. After 1 July 2006 superannuation funds could only accept contributions if they have a Registered Services Entity (RSE) License. The regulatory body (APRA) has now confirmed that only 324 superannuation funds have applied for this license. If your fund has not applied or fails to get a license, contact Joe Collins from Print Super on 9355 1135 or joecollins@printsuper.com.au who would love to hear from you. Recently Print Super received its RSE License. Print Super CEO Ross Martin said: "The granting of the licence has been the culmination of an enormous amount of work by the Board and Print Super Staff. "The Fund is now well positioned to continue to grow in a choice of fund environment. It has been an eventful period for the Fund with Print Super's public offer section, mychoice, being awarded one of the top five new products by ratings agency, Superratings." (15 Nov 2005 www.printsuper.com.au). Print Super received its RSE license in November 2005. |
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