Determining The Value Of Money Has An Influence On The Potential Investment Returns And Retirement Savings

1415 Words6 Pages
Contents Introduction 2 Question 1 3 Explain the important factors that should be measured by tertiary sector employees. 3 Question 2 4 Justify how the time value of money has an influence on the potential investment returns and retirement savings of participants in both the Defined Benefit Plan and the Investment Choice Plan. 4 Question 3 4 Examine retirement investment products which are offered by UniSuper Ltd. In order to time value of money basic ideas and plans, which is most attractive? Give examples of present or future values calculations. 4 Conclusion 6 References 7 Introduction For the employee of tertiary sector, superannuation fund is very popular fund. The lowest level of interest of retirement fund is 9% which is…show more content…
For the tertiary sector superannuation fund is calculated based on benefit plan and investment choice plan. This scheme is started by Australian Government to diminish the load as of social safeguard system. The Unisuper Limited which is the biggest industry based on retirement fund, provides services to the tertiary education division, is situated in Australia. Another development plan of Superannuation fund is very significant to raise various options for retirement plan products and services. In Unisuper Limited, it provides two types of plans and those are benefit plan and Investment Choice Plan (Kristjanson-Gural, 2008). For preparing Benefit Plan, in the retirement stage benefit plan is prepared for the employees with employee’s average salary, total working hours and present age of employees. In general, employees of tertiary education adapt benefit plan to invest their salary in the Unisuper Limited. This benefit plan is not considered asset portfolio in support of retirement plan. Therefore, all the employees of tertiary sector do not gated advantage from this benefit plan. Unisuper Limited trustees are explained their plans with annual basis. In other side, various employees of tertiary sector select Investment Choice Plan to earn invested contribution. Annual allotment of investment is charged through administration and management of this sector. In terms of Investment choice Plan,

More about Determining The Value Of Money Has An Influence On The Potential Investment Returns And Retirement Savings

Open Document