Are you contributing, or is your employer making contributions, to a superannuation fund on your behalf?
Superannuation is a tax effective savings tool for your retirement. This financial year your employer is required to contribute 9.5% of your base salary to your superannuation account and this amount is going to be increasing in the future. This is a significant proportion of your income and it is important to take an active role in managing it.
Do you know how your superannuation funds are invested? Have you ever completed a personal risk profile questionnaire? It is vital to review your superannuation fund investments to ensure they match your needs and objectives.
This information is intended to provide general information only and has been prepared without taking into account any particular person’s objectives, financial situation or needs (‘personal circumstances’). Before acting on such information, you should consider the appropriateness of the information having regard to your personal circumstances. In particular, you should read the relevant Product Disclosure Statement (PDS) before making any decision about a product.