I had no idea where my lost super was or the names of the funds. I just new it was scattered everywhere and I should definitely have more than $3,000 in my super. Australian Super Finder found all 7 of my funds and now my balance is almost $50,000. Thank you so much for getting my super back on track. ? Leonie, Thomastown VIC

Super Facts and Tips

Investing in the Best Super Funds

A super fund is not guaranteed nor insured by the government to deposit insurance scheme; you need to choose the best superannuation fund to take care of your investment.

Things to Consider

So there are things to consider. As we go through the types of investment, a super fund has advantages and risks which may be controlled by a secured fund manager. This is why much of your decision to invest in superannuation fund will depend on the nature of the trustees of the fund.

Strict Super Rules

Strict rules govern super funds, founded laws, and the trustee. Government agencies such as the Australian Tax Office (ATO) regulate and enforce legal status to the particular members and their status.

A super fund must comply with the existing rules and laws to qualify for tax concessions such as the lower income tax rate of 15%. And to avoid any legal and tax penalties. The significant role of the trustee is to ensure compliance with existing laws and maintenance of accurate records, minutes and important documents with the review of the regulatory agencies.

Long Term Investment

When you join the fund, you will contribute money while you are working and you won't be able to access that amount in many years until you reach the minimum age of retirement. This exposes your money to risks of losing. And in the meantime, the skills of a professional manager is much needed.

Investment Strategy

Sparing your risks by investing in a mix of safe and high-risk investments prevents huge losses to account balance into assets. The best super funds are invested in cash bonds, shares and stocks and properties. Within each type of assets, you should also find diversity in companies and sectors of the market and even of the economy.

Other features such as insurance coverage, total and permanent disability insurance, and guaranteed payments accompanying the superannuation fund.

You can learn more about investment strategy for superannuation at www.australiansuperfinder.com.au

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