Superannuation funds are investment vehicles designed to accumulate savings for individuals to use during retirement. These funds are typically established by employers or self-employed individuals and are structured to provide financial benefits to the contributors upon reaching retirement age. Superannuation funds often include a mix of various investment options, such as stocks, bonds, and real estate, with the goal of growing the capital over time.
In many countries, contributions to superannuation funds may receive tax advantages, and these funds are usually regulated by government agencies to ensure they meet legal and financial standards. The funds are primarily intended to provide income in retirement, helping individuals maintain their living standards after their working years. The exact rules, contribution limits, and withdrawal options can vary significantly depending on the country’s legislation surrounding retirement savings.
ART forms a billion-dollar partnership with Almanac Realty Investors to invest in US Real Estate Operating Companies (REOCs). The collaboration aims to target stable, low-leverage companies, enhancing growth and liquidity…