5 easy steps to take control of your super – AustralianSuper

These 5 simple steps can help you take control of your super and help change your financial future for the better.

from our partner – AustralianSuper Pty Ltd

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Fast track your super savings in 5 easy steps

 

1. Compare and choose a super fund
Considering a super fund that’s trusted by others with a history of strong long-term investment performance, low fees and a profit-for-member approach is a great place to start.

Find out how AustralianSuper compares

 

2. Consolidate any other funds
If you have more than one super fund, you’re probably paying more than one set of fees. So, combining your super accounts into one super fund may save you thousands over the course of your working life.¹

You can search for lost super and combine super from multiple accounts into your AustralianSuper account in minutes, with our consolidation tool.

AustralianSuper member: Consolidate super accounts and search for lost super

Not a member? No problem, you can also consolidate your super through your myGov account at my.gov.au

 

3. Contribute more
The more you add to your super, the better chance it has to grow.² And, contrary to popular belief, if you start contributing early in your career, you shouldn’t need to chip in thousands every year to make difference to your super in the long run. When it comes to super, the adage ‘slow and steady wins the race’ really can apply.

Find out how you can grow your super balance

 

4. Check your insurance
Most super funds offer some form of default insurance cover when you join. For example, AustralianSuper offers eligible members basic age-based Income Protection, Death and Total & Permanent Disablement Cover when they first join.³ Insurance through super can be a cost effective way of protecting you and your family from life’s ups and downs. But it can also be one of your biggest costs, so it’s worthwhile checking all the details to make sure you have the cover that’s right for your lifestyle and you’re not paying more than you need to.

Find out more about insurance through AustralianSuper

 

5. Continue with your fund
Choosing the right super fund from the start and taking it with you through your career into retirement, is one of the simplest ways to grow your super and achieve the retirement you want.

 

Get help

AustralianSuper can help you get advice to suit your needs at every life stage. The Advice team can help you fast track your savings and build lasting financial confidence. We’re here to help. Call us on 1300 300 273, 8am to 8pm AEST/AEDT weekdays.⁴

 

Need simple advice?

Call the advice team for general advice, a Super Health Check, or for personal advice on investment choices, adding to super, insurance or transitioning to retirement.

Explore advice options

 

Looking for comprehensive advice?

For complex advice, meet with a trusted financial adviser to help you with a detailed financial plan.

AustralianSuper members: Find an adviser

 

Approaching a retirement age?

Come to our free financial education seminars. AustralianSuper members are welcome to register a guest.

Find a seminar in your state

Sources
1. Before making a decision to combine your super, you should ask your super provider about any fees or charges that may apply, or any other information about the effect this transfer may have on your benefits, such as insurance cover.
2. You should consider your debt levels, contribution caps that may apply and tax issues before adding to your super.
3. Age limits and other conditions apply. If you’re eligible, insurance cover through AustralianSuper gives you a basic level of protection if you die, or become ill or injured: Visit australiansuper.com/insurance for more information about insurance through your super.
4. The financial advice given to you will be provided under the Australian Financial Services Licence held by a third party and not by AustralianSuper Pty Ltd (AustralianSuper) and therefore is not the responsibility of AustralianSuper. With your approval a fee may be charged if a Statement of Advice is provided.

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This information is general financial advice which doesn’t take into account your personal objectives, situation or needs. Before making a decision about AustralianSuper, you should think about your financial requirements and refer to the relevant Product Disclosure Statement. AustralianSuper Pty Ltd ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898.

Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns.