Superannuation is one of the key ingredients needed to secure a comfortable retirement.
Our superannuation advice service simplifies the process, offering expert guidance to help you get the most out of your super.
Whether you’re just starting out or nearing retirement, we tailor our advice to your unique needs and goals. Let one of our skilled financial advisers handle the complexities, so you can enjoy a financially secure future.
Our superannuation advice service is designed to ensure your super works hard for you, helping you build a solid foundation for your retirement. Here’s what we do:
Curious about how we can help with your super? Contact us today to learn more.
Our superannuation advice is designed to help you build a secure financial future, giving you the real peace of mind that comes from knowing you’re on track. Here’s what you can expect:
Choosing our superannuation advice service means investing in a future where you can retire comfortably and with peace of mind. Our expert guidance helps you:
With our superannuation advice, you’re not just managing your super – you’re setting yourself up for the best future possible.
At Direct Wealth, the numbers tell our story. With years of dedicated service, tons of experience, and countless happy clients, we’ve built a reputation for trust and excellence.
Here’s a look at what we’ve achieved:
Our team of superannuation experts will help you navigate your super options.
Instead of trying to figure things out on your own, you get direct access to expert knowledge, insights, and support — the key ingredients for success.
Whatever your super needs, we have the expertise to help you get the best outcome.
Everyone’s financial journey is unique, and so is the service we provide.
Our advisors aim to thoroughly understand your financial situation and retirement goals, so we can design a plan that suits your needs.
Whether you’re looking to optimise your super or find tailored retirement solutions, we can help you secure the best options for your future.
Managing your super can feel overwhelming, but you don’t have to tackle it on your own.
Our advisors simplify the superannuation process, making it easier for you to make informed decisions.
With our guidance and support, you gain the peace of mind that comes from knowing your super is in expert hands.
We’re all about creating personalised financial strategies that go above and beyond what you expect.
Whether you’re looking for the best finance options, wanting to grow your wealth, or planning for the future, we’ve got you covered.
We aim to make sure your present and future are financially safe, secure, and comfortable, so you can enjoy true peace of mind.
Want the best outcome for your finances? Contact us today to get started.
Jamie F.
Satisfied Client
“I had a fantastic experience with Direct Wealth! From the very beginning, I felt comfortable with the entire process. Kirsty and the team were professional, knowledgeable, and always available to answer my questions.
They took the time to understand my needs and provided tailored advice that I could trust. I highly recommend Direct Wealth to anyone looking for expert financial guidance. Thank you for your exceptional service.”
The first step is an easy welcome call. This quick and painless chat is all about getting to know one another. You can ask questions and get a feel for whether we’re right for you.
To get started, simply fill out the form and we’ll be in touch ASAP.
"*" indicates required fields
Superannuation, often just called super, is a way to save for your retirement. It’s a system where your employer puts a small percentage of your salary into a super fund, which then gets invested to grow over time. This nest egg helps ensure you have enough money to live comfortably when you retire. Super is important because it provides financial security and peace of mind for your future, helping you maintain your lifestyle even when you’re no longer working.
The amount you should contribute to your super depends on your personal financial goals and retirement plans. While your employer is required to put a minimum percentage of your salary into your super, making additional contributions can significantly boost your retirement savings. Think about it as investing in your future self. Extra contributions, like salary sacrificing or after-tax contributions, can make a big difference. It’s a good idea to chat with a financial adviser to figure out the best contribution strategy that suits your needs.
Generally, you can’t access your super until you reach what’s called preservation age, which is currently between 55 and 60, depending on your birth year. However, there are exceptions for early access due to severe financial hardship, compassionate grounds, or if you’re permanently incapacitated. These rules are in place to ensure that your super is used for its intended purpose – funding your retirement. If you think you might qualify for early access, it’s best to talk with a financial advisor who can guide you through the process and help you understand your options.
Choosing the right super fund can feel a bit overwhelming, but it’s crucial for your financial future. You’ll want to consider factors like fees, investment options, performance, and any insurance offerings the fund provides. Comparing different funds is essential to find one that aligns with your needs and goals. It’s not just about picking the one with the lowest fees; you also want a fund that will perform well and help grow your savings. A financial advisor can help you sift through the options and select the best fund for your circumstances.
Contributing to your super can offer some significant tax benefits. For instance, salary sacrifice contributions are taxed at a lower rate than your regular income, which can reduce your overall tax bill. There are also government co-contributions and tax offsets available for eligible individuals. These benefits not only boost your retirement savings but also help you save on taxes now. It’s a win-win situation. To make the most of these tax advantages, it’s smart to get advice from a financial expert who can tailor a strategy to your needs.
Salary sacrificing, or salary packaging, is when you arrange with your employer to put a portion of your pre-tax salary into your super. This reduces your taxable income, which means you pay less tax now while boosting your retirement savings. It’s a popular strategy for those looking to enhance their super balance without feeling the pinch in their take-home pay. Essentially, it’s about redirecting some of your earnings into a future investment – your retirement. Talking to a financial advisor can help you decide if this strategy is right for you.
If you have multiple super accounts from different jobs, consolidating them into a single fund can simplify your finances and save on fees. You can consolidate your super by transferring balances from other funds into your chosen account. It’s a straightforward process, but you’ll need to make sure you’re not losing any valuable insurance cover in the process. A financial advisor can guide you through this, helping ensure it’s done smoothly and efficiently, so you can keep more of your money working for you.
Super funds usually offer a variety of investment options, ranging from conservative to aggressive growth portfolios. Each option has a different level of risk and potential return. For instance, conservative options might include cash and fixed interest investments, which are lower risk but also lower return. On the other hand, growth options might include shares and property, which have higher risk but also the potential for higher returns. It’s important to choose an investment strategy that matches your risk tolerance and retirement goals. A financial advisor can help you understand these options and decide what’s best for you.
It’s a good idea to review your superannuation at least once a year to make sure it’s on track to meet your retirement goals. Regular reviews help you stay informed about your fund’s performance, fees, and investment options. Additionally, you should review your super whenever you experience significant life changes, like starting a new job, getting married, or having a child. Keeping an eye on your super helps ensure it continues to align with your financial situation and goals. A financial advisor can assist with these reviews and provide ongoing advice. Should you need to adjust your superannuation strategy, your advisor will provide this information in your latest statement of advice.
Getting professional advice on your superannuation can provide you with tailored guidance on managing your super effectively. An advisor can help you choose the right fund, optimise your contributions, select appropriate investments, and plan for retirement. This personalised advice can help you maximise your retirement savings and achieve financial security. It’s not just about getting the best returns; it’s also about ensuring your super fits seamlessly into your overall financial plan.
If you change jobs, you can usually keep your existing super fund by providing your new employer with your fund’s details. This ensures that your super contributions continue to go into the same account, helping you avoid multiple accounts and additional fees. Alternatively, if your new employer’s fund offers better benefits or lower fees, you might consider switching. It’s important to weigh the pros and cons of each option. A financial advisor can help you decide what’s best for your situation.
Your super is invested by your super fund in a range of assets like shares, property, and fixed interest. The investment mix depends on the options you choose within your fund. Each option has a different level of risk and return potential. For instance, a balanced fund might have a mix of shares and fixed interest, offering moderate risk and return. It’s important to review your investment strategy regularly to ensure it aligns with your retirement goals and risk tolerance. A financial advisor can help you navigate these choices and adjust your strategy as needed
A Self-Managed Super Fund (SMSF) is a superannuation fund that you manage yourself, giving you greater control over your investments. SMSFs can be beneficial for those with substantial super balances and investment knowledge, as they allow you to tailor your investment strategy. However, they require significant time, effort, and compliance with regulatory requirements. Managing an SMSF means you’re responsible for all investment decisions and ensuring the fund complies with the law. It’s important to seek professional advice to determine if an SMSF is right for you, as they are not suitable for everyone.
Yes, you can make after-tax contributions, also known as non-concessional contributions, to your super. These contributions come from your take-home pay and can help boost your retirement savings. There are limits on how much you can contribute each year, so it’s important to be aware of these caps to avoid extra tax penalties. After-tax contributions can be a great way to increase your super balance, especially if you have extra savings. Discussing your options with a financial advisor can help you make the most of these contributions.
Superannuation is a crucial component of your overall financial plan, providing a dedicated savings pool for your retirement. It’s important to consider how your super fits with other investments, savings, and financial goals. For instance, you might also have savings accounts, property investments, or shares outside of super. Working with a financial advisor can help you create a comprehensive plan that ensures all aspects of your finances work together to support your long-term objectives. This holistic approach can help you achieve a balanced and secure financial future.
