Superannuation – Where are your retirement savings?
Superannuation is one of the most tax-effective vehicles for retirement savings.
A super fund is simply a fund that allows investment into multiple investment markets. It can also hold insurance policies on behalf of the member, with the premiums paid from the super balance.
There are many types of super funds:
- retail funds,
- industry funds,
- public sector funds,
- corporate funds,
- eligible rollover funds,
- defined benefit funds, and
- Self Managed Superannuation Funds (SMSF).
You may not know how much super you need for retirement, or how much insurance you need in the event of your death, disablement or inability to work due to serious accident or injury. We can help bridge this gap by providing advice tailored to your financial situation, goals and needs.
Make a time to see us today, and take control of where your retirement savings are invested!
We can even provide a FREE lost superannuation search, click here to request one!