More than half of us set a new financial goal at the beginning of 2025, according to ASIC’s Moneysmart website. While most financial goals include saving money and paying down debts, superannuation should also be factored in as part of your overall saving strategy. The months leading up to 30 June provide an opportunity to review your current super balance to look at ways you could help boost your retirement savings.
What you need to consider first
If you have more than one super account, consolidating them to one account may be an option for you. Consolidating your super could save you from paying multiple fees, however, if you have insurance insider super, you may be at risk of losing it, so contact us before you make any changes.
When transferring super into one account, do your homework and shop around, your current fund may not be your best option.i
Compare the fees and charges of other funds and if you have insurance within your super, find out whether your insurance is affected if you move.
If you need to consolidate or transfer super funds, you can do this through your myGov account. If you’re unsure which fund is best suited to you, it’s a good idea to seek advice to make sure your new fund is appropriate for you, so give us a call and we’d be happy to help with that.How to boost your retirement savings
“While it’s tempting to pull back, we believe that companies that double down on growth will not only rebound faster but will also emerge stronger as a result. “
How to get started: A call to action for CMOs
Despite the ongoing economic volatility, the current year presents a pivotal opportunity for marketers to unlock substantial value for their companies, leveraging efficiency gains to drive growth and establish a clear agenda for the future.
In times of uncertainty, it may be tempting for companies to retract and adopt a conservative approach. However, we firmly believe that organizations that choose to double down on growth initiatives will not only recover more swiftly but also emerge from these challenges in a position of strength. These turbulent times serve as a defining moment for Chief Marketing Officers (CMOs) and marketing leaders to direct their focus intensely.
