Superannuation Advice

For those who prefer more control over their investments and possess a solid understanding of where and how to invest, selecting the right superannuation fund is crucial. Whether you are located in the Gold Coast or the Northern Rivers, knowing the pros and cons of different superannuation options will help you plan for your future effectively.

At Coast Financial Planning, we emphasize the importance of careful planning when choosing a super fund that will support your retirement goals.

Default Superannuation Funds: The Basic Option

Default superannuation funds are typically offered by small to medium-sized companies. These funds are often used as the default choice when an employee doesn’t select their own superannuation. While convenient, they may not offer the level of investment flexibility that some individuals desire. If you're seeking financial planning in the Gold Coast or financial planning in Northern Rivers, it’s worth considering whether this type of fund aligns with your long-term goals.

Personal Superannuation Funds: Greater Control and Flexibility

For individuals who prefer to take their superannuation with them across jobs and want more control over their investment strategies, personal superannuation funds may be a better fit. These funds allow for access to direct share investments and offer greater flexibility in choosing insurance providers and adjusting premium payments to suit individual needs.

Examples of personal superannuation funds include:

• MLC Masterkey Super
• Colonial First State Superannuation
• AXA North Personal Superannuation

If you’re in the Gold Coast or Northern Rivers regions and are looking for financial planning advice on personal super funds, Coast Financial Planning is here to guide you.

Coast Financial Planning is dedicated to helping clients in both the Gold Coast and Northern Rivers make informed decisions about their superannuation and retirement savings. By understanding your specific financial situation, we can help tailor an investment strategy that aligns with your personal goals.

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Disclaimer: This information is general advice only, & has been prepared without taking into account the objectives, financial situation, or needs of any individual. It is not a specific recommendation to buy, sell or hold any product or security. Readers should seek financial advice before making a decision & should consider the appropriateness of this advice in light of their own objectives, financial situation, &needs.