Virtually anyone between the age of 18 and 65 (and sometimes up to 75) can set up a DIY Superannuation Fund. This includes:

• Individuals – individuals can make contributions for themselves and/or their spouse and can be employees, investors, unemployed or in business.
• Employers – employers can make contributions for their employees and can be companies, trusts, partnerships, non-profit organisations and sole traders.

You don’t have to work until you are 65 in order to make Superannuation contributions. After the age of 65, there is a work related test. If you are working either 40 hours in less than 30 continuous days or less than 280 hours in a year, then concessional and non-concessional personal contributions can be made between 65 and 70.