SUPERANNUATION

WHAT IS SUPERANNUATION?

Superannuation is a savings vehicle designed to help you save for retirement. Superannuation funds that comply with Australian law receive generous tax concessions which provide an incentive for you to save for your own retirement. Your account balance generally consists of contributions from your employer, your own personal contributions, and earnings from investments. Most superannuation funds are invested in a range of assets, such as local and international shares, property, and fixed interest, by default. The aim is to have you the best possible retirement outcome.

DID YOU KNOW?

There's 18 billion dollars of lost superannuation in Australia

HOW WE CAN HELP

True Wealth helps clients manage their superannuation in a number of ways. Firstly, the company assists clients in finding any lost super they may have. This is done by conducting a thorough search of the Australian Taxation Office (ATO) database to identify any dormant or forgotten super accounts. 

In addition to finding lost super, True Wealth also helps clients consolidate their existing superannuation accounts. By consolidating their accounts, clients can save money on fees by having all of their super in one place. This makes it easier to manage and keep track of their retirement savings. True Wealth guides clients through the consolidation process and ensures that their funds are transferred smoothly and securely. 

At True Wealth, our financial advisors work with clients to determine the most appropriate super fund based on their individual goals and circumstances, providing a bespoke financial strategy. The company takes into account the client’s personal financial situation, risk tolerance, investment goals and any other relevant factors when recommending a super fund. This ensures that the client has a superannuation strategy that is tailored to their individual needs. 

True Wealth’s financial advisors work with clients to understand their financial objectives and provide expert advice on the most appropriate super fund for their needs. They also regularly review the client’s portfolio to ensure that it continues to meet their goals as their circumstances change over time. 

By offering tailored financial advice and helping clients choose the best super fund for their needs, True Wealth helps clients ensure that their retirement savings are growing in the most optimal way possible. This gives clients peace of mind knowing that they are on track to reach their financial goals and have a secure retirement.