What is super?

Super is all about saving money now, so that you have funds to support you when you stop working.

Money is paid into your super account by you, and on behalf of you by your employer.

Super is a good way to build your retirement savings because of the special tax concessions that apply to both money paid into super and your account's earnings. (At most your earnings are taxed at 15%.) As this is often much lower than your marginal tax rate, super is definitely worth considering if you want to grow your retirement savings.

Is your super working for you?

It's our job to help make sure that it does.

It's your money, so it is important that you think about how to make it work as hard as possible for you.

To make your super work for you, you might like to consider:

• Choosing a suitable investment portfolio that meets your needs and is most likely to help you save enough money to live the lifestyle you want in retirement.
• Using the cost-effective insurance provided through super to protect you and your family's financial futures.
• Taking advantage of the Government's super co-contributions. It could mean a boost of up to $1,000 to your account. Click here to see if you are eligible.
• Making additional contributions to your super may make a huge difference to your savings. Even a small amount paid in regularly can see your account better off by thousands of dollars in the long run.
• Consolidating your super funds to reduce fees you incur by having more than one super fund open.

Further information about making your super work for you can be found throughout this site or you can find an overview of all the features available, including details of the investment portfolios, in the Product Disclosure Statement. If you have any general queries about super, call Member Services on 1300 361 477 8am to 7pm (AEST) Monday to Friday.

If you need personal financial advice, you can be put in touch with a Financial Planner closest to you by visiting our Office Locator.