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

Women and Superannuation

Superannuation is the next big battle that women have to fight these days. Women's participation in the workforce is now 65%, the highest that it's ever been which is tremendous. Women are even out-earning their partners, the number of them has tripled in the last five years.

Where Women are regarding Planning and Acting for their Finances

But there is still a blockage when it comes to preparing for their retirement. Its interesting women make the purchasing decisions for themselves for 90% of household purchases. Men are still generally in control of the finances especially long term. Many types of research show that 50% of women feel stressed out or out of control when they are looking at things to do with finance, especially when it comes to superannuation.

Women are also busy. They are either working or caring for children or caring for aging parents. Many of them don't have the time, especially that they also do a vast bulk of the household, to look through all those documents and feel confident enough to make those solid and reliable decisions for their future.

Why One in Four Women Have Little or No Super at Retirement

The experts think there are three main reasons:
• Awareness and knowledge of what happens to superannuation when you are out of the workforce or only working part-time.
• The second is a sense of empowerment. We know that 40% of women don't feel comfortable when they are thinking of their superannuation don't feel that sense of empowerment.
• Lack of formal financial plan. With only 35% of women having such a plan.

How Women can Take Control of their Finances

Women should take charge of their financial futures. They need to look at their super balance if they have one, to get a super account if they don't have one. Now is the time to be empowered to take charge of your future. If women don't do this, nobody is going to do it for them. They have to look after it themselves.

Steps Women can make to Control their Financial Situation

The first thing to consider is consolidating your superannuation or salary sacrificing. Whether its finding lost super, merging multiple accounts into one or just salary sacrificing a few extra dollars a week, it will make a difference in your retirement.

The second you can do is seek advice. www.australiansuperfinder.com.au have advisers that can help you understand how to find lost super and consolidate them. Call them at 1300 252 167

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