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Your super fund is there to help you save for retirement. But did you know that most super funds also offer insurance? Insurance can give you and your family peace of mind, knowing that you’re covered financially if something happens to you. There are a number of different types of insurance that can be included in a super fund, such as death cover, total and permanent disability cover, income protection cover. The level of cover Read more

Did you know there is literally billions of dollars currently sitting in uncontactable or inactive super accounts? You may have one of them! Lost super can occur because benefits are not transferred when people change jobs. Your super isn’t automatically transferred to your new fund – you have to do it yourself. Have you changed your name, address or lived overseas? These may also be reasons you may have unknowingly lost track of a super Read more

If you’re like most people, you probably don’t think too much about your super fund. But did you know that the fees you’re paying can have a big impact on your retirement savings? Let’s say, for example, that you have $100,000 in your super fund. If your fund charges fees of 2% per year, then you’ll pay $2,000 in fees each year. But if you choose a low fee fund that charges 0.5% per year, Read more

If you currently hold more than one super fund, there can be significant benefits to consolidating those multiple accounts into a single account. One of the main benefits of consolidating your super funds is that you can save on fees. When you have multiple super funds, you may be paying multiple sets of fees. By consolidating your super into one fund, you can reduce the fees you pay. Another benefit of consolidating your super funds Read more

Fund performance is typically measured by looking at the fund’s total return, which is the fund’s percentage gain or loss over a certain period of time, typically one year. When it comes to choosing a super fund, performance is definitely an important consideration. Super funds are required to disclose their investment performance annually. This information can be found on the fund’s website and product disclosure statement (PDS). When comparing performance of different funds, be aware Read more