We know super isn’t always on your mind – in fact, super is probably something you may rarely think about. But read on. We have 3 simple super tips that can make all the difference to your future.
Tip 1: Knowledge is key
Making informed decisions about your money is one of the most important things you can do. We all have different personal skills, attitudes, behaviours and knowledge in relation to money. But spending just a few minutes a day can make all the difference to your financial independence now and in the years ahead.
So what can you do to kick start your financial freedom?
Statewide Super is committed to increasing financial literacy and we do this by offering a variety of fun and interactive tools to help you on this journey. Check out our complementary learning resources today!
Tips on Money Management platform
15 short interactive modules on a variety of topics including superannuation, debt, managing your money, retirement and investing.
Your Super Life blog
A range of educational articles and videos on a variety of lifestyle, wellbeing and financial topics to inspire you to lead a super life.
Tip 2: Take three minutes to find and consolidate your super into one account
Did you know there is over $16 billion** in lost super in Australia? So when you think back to all the old jobs you have had and all the super fund accounts you may have started and forgotten about – you’re not alone. Millions of Australians have done the same thing. But that lost money is still rightfully yours and you can find it in minutes – just by calling Statewide Super.
Not only can Statewide Super find your lost super, but we can also find all your super accounts and consolidate them together, quickly and easily into one fund only. This may be a smart strategy as currently you may be paying fees for each super fund and you probably have numerous statements sent to you each year which are cumbersome to manage. By combining your super together into one account, the power of compound earnings can help to grow your super balance faster!
Your next step…
Call Statewide Super on 1300 65 18 65 and ask to find and consolidate your super over the phone.
Tip 3: Seek financial advice to build your wealth
Regardless of how much or how little money you have, a simple financial ‘health check’ can mean thousands of dollars difference to your super balance. Just one phone call or one session with a financial advisor can change your financial trajectory.
As a Statewide Super member, you have access to the following advice services – so why not take advantage of them to ensure you get the most from your hard-earned money!
Types of advice available to you
1. As a Statewide Super member you can receive advice of a general nature about your super over the phone or in person at our Adelaide office at no additional cost.
2. As a Statewide Super member you can receive advice over the phone or in person to discuss your Statewide Super investment options, insurance cover and super contributions at no additional cost.
3. You can receive a complementary initial consultation with a Statewide Super financial planner* to explore your unique financial situation and objectives. Should you wish to proceed with financial advice, a fee-for-service will be agreed in advance.
But the best part…Statewide Super-related advice can be paid for with the money in your super account so you are not out of pocket. Now that’s convenient!
Want to know why Statewide Super is the best choice for you?
Well, let us be quick….as your local profit-for-members industry super fund, we exist only to benefit you. Our default MySuper investment option returns are the BEST in the country returning 9.26%*** over the three years to 31 January 2017. Recently winning the Workplace Select Choice Product of the Year, our investments, insurance and local service is also rated the BEST in the country by independent rating agency Rainmaker.
Now that’s peace-of-mind.
To learn more:
1300 65 18 65
The information provided is of a general nature. It does not consider your specific needs nor is it intended to be financial product advice. You should obtain independent financial advice and consider the applicable Product Disclosure Statement before making an investment decision.
Statewide Superannuation Pty Ltd ABN 62 008 099 223 (AFSL 243171) Trustee and RSE Licensee of Statewide Superannuation Trust ABN 54 145 196 298
*Financial information and general advice may be provided by representatives of the fund’s Trustee Statewide Superannuation Pty Ltd ABN 62 008 099 223 (AFSL 243171). Any personal advice you receive is provided by Authorised Representatives of Industry Fund Services Limited (IFS) ABN 54 007 016 195, AFSL 232514. IFS is responsible for the advice given to you by its Authorised Representatives and fees apply to any personal advice provided.
**The New Daily, March 2016***Super Ratings Fund Crediting Rate Survey January 2017