Superannuation, or 'super', is money put aside by your employer over your working life for you to live on when you retire from work. Employers are required by law to pay contributions to a superannuation fund during the course of your employment. Your employer usually recommends a superannuation fund they use upon the start of your employment, although you can choose and nominate your own superannuation fund also.

It is important to start growing and actively managing your super as early as possible for your retirement. Super funds invest your money in many things such as shares, property and managed funds and may also offer different types of insurance, such as income protection so it is important to choose the right super for you.