Prime Super: Is It Time for a Super Heath Check?

We tend to pay a lot of attention to how much money is in our wallet or our bank account, but we generally give little thought to our super – one of the biggest investments of our lives. Give your super a health check today and it could repay you in retirement.

Get It Together

Your super fund can help you consolidate all of your accounts into one and even find accounts you forgot you had – saving you time and money!

Grow Your Super and Pay Less Tax

Super is one of the most tax-effective ways of saving for retirement. Contribute to your account with either pre or after-tax money and you could save on tax while you grow your super balance.

Assess Your Investments

If you do not make an investment choice, your super is usually invested in a ‘balanced’ option. However you can tailor your investments to suit your needs – it may mean more money for you in retirement.

Review Your Insurance

You will have a base or ‘default’ amount of life (death) and disability (TPD) insurance within your super account; but it’s a good idea to ensure you have enough cover to protect you and your family should the worst happen.

Nominate a Beneficiary

Have you nominated someone you would like to receive your super benefit when you die? It is really important to keep your nomination up-to-date, particularly if you have recently married, divorced or had children.

Contact Karen Hyland at Prime Super on 0409 030 722 or email khyland@primesuper.com.au to find out more.

DISCLAIMER

Prime Super (ABN 60 562 335 823) is a not-for-profit Industry Superannuation Fund. This article contains general information only and does not take your personal circumstances into account. You should obtain personal advice where appropriate. This article is current as at the date of publication and subject to change. Prime Super is issued by Prime Super Pty Ltd (ABN 81 067 241 016, AFSL 219723, RSE L0000277, RN 1000276). A Short-Form Product Disclosure Statement is available from the issuer by phoning 1800 675 839.