Industry fund says get help, including financial advice
Australia’s largest industry superannuation fund Australian Super has mounted a major communications push to ensure its members receive appropriate information at the same time they receive their super statements revealing negative returns.
And among the tips the fund will be providing to its members is that they should get help if they need it including, if necessary, from an independent financial planner.
Australian Super chief executive Ian Silk said the communications push was being mounted in circumstances where the fund’s research indicated that while people were aware of the recent market volatility they did not necessarily understand how this impacted their super.
“The key message is that super is a long-term investment,” he said. “We hope that members will be encouraged to take a greater interest in their super and we want to help them make the right decisions about it.”
AUTHOR
Mike Taylor
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