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

Choosing a Super investment Option

As part of an individualís retirement savings strategy, itís important that they understand how their superannuation cash is spent by the super fund.

No two individualís investment requirements as well as financial situation are identical. To provide for these various needs, the majority of superannuation funds provide you with a choice in terms of how to invest your superannuation money. Funds provide various investment portfolios you can pick from. Moreover, you can select to spread the super money over numerous investment portfolios.

Funds provide various investment portfolios you can pick from. One benefit of super investment earnings is that theyíre taxed differently to other income of yours. The maximum rate of tax on super investment earnings is presently 15%, compared to the 45% marginal tax rate applied to the investment earnings as well as income outside super.

The various investment options

The majority of superfunds will provide numerous investment options that you can select from. These will differ in their degree of risk as well as the types of assets within them. You may encounter terms like Growth, Balanced, Cash and Conservative.

Other super funds may check investment options such as International Equities, Australian Equities, Property, Sustainable Shares, and Fixed Interest.

Further info about the choices available, the assets within them as well as the probable returns and risks should be presented on the website of your fund.

Why should I pay attention to how my superannuation is invested?

You are perhaps thinking it isnít your job to be alarmed about how your superannuation is invested, but it would pay to care. Investment choices can have an immense impact on the ultimate lump sum you receive once you retire, because of the compound interestís impact. Over a lifetime of working, the same money spent in various investment options can latterly generate different results. So it is vital to the spend time to comprehend the various options offered to you as well as the possible impact it could generate on the investment earning.

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