Superannuation

For many people, apart from their homes, superannuation is the largest asset they have. Forming a strategy for your superannuation could involve taking advantage of:
 

  • Transition to Retirement (TTR)
  • Choice of superannuation
  • Self Managed Superannuation Funds (SMSF)
  • Salary sacrifice
  • Retirement income streams   


Some superannuation funds automatically place your investments in a ‘default’ investment mix. Does this investment mix suit your attitude towards investing? You need to be aware and in control of how your funds are invested.  Your superannuation – no matter how small or large the balance – is effectively a structure for your investment. There are also hidden fees in some super funds (ie, not listed on your super statements).

We’re here to address these important issues for you.


Case Study – Adviser Fees
Robert’s employer had been contributing 9% to his superannuation for years. Robert didn’t really take much notice of the regular statements, he looked at the balance and that was about it. Robert took up our offer of a review. We discovered that Robert’s previous adviser had been receiving $2,800 per year in adviser fees for doing nothing. His super fund also had high fees, management costs and the investment mix didn’t suit Robert’s risk profile. We did an ‘overhaul’ of Robert’s super and set him back on the path of building his wealth. We made sure Robert’s super was set up with NO ADVISER FEES being deducted.

 

Super is a great, tax-effective way to save for retirement. Most of us may need to make extra contributions to super to ensure we have enough savings for a comfortable retirement.  We will work with you to devise an optimum strategy that meets your long term financial goals. You should understand the implications of the recent changes to super which has delivered some significant beneficial changes to how super works. We can identify the wide-ranging opportunities available to you.
 

How long has it been since you had a Super review?
- You could be paying high fees
- Consolidating your super can save you hundreds, or even thousands of dollars each year
- Maybe you can boost your returns

We can review how your super is invested, to make sure it’s in line with your attitude towards risk. Because superannuation can be complex, you should seek specialist advice.