Are you on track for a positive financial future? It might be time to check your account.
Dreaming about a retirement full of good stuff? It’s important to make sure your super is working as hard as you do. Here’s what you need to know about maximising your super.
Are you on track for a positive financial future? It might be time to check your account.
If you have multiple super accounts, merging these into one single Hostplus account could offer lots of positives – like saving money on multiple fees. Plus, because it’s all in one place, you’ll be able to manage and track your investments more easily. Before you consolidate, there’s a lot to consider. Always do your own research or seek financial advice to make sure it’s right for you.1 Follow the link below for more information.
1. Before consolidating your super, you should check with your existing super fund on whether there are any fees or charges that may apply or any loss of benefits, such as insurance cover. If you have insurance cover with another super fund, you may be able to transfer that cover to Hostplus. To find out if you are eligible visit hostplus.com.au/insurance to learn more. You may also find it beneficial to obtain advice from a licensed financial adviser.
Many people have unclaimed super – and they don’t even know it! If you’ve switched jobs, forgotten to update your account details, or changed your name or address, you may have some lost super waiting to be found. Here’s how to get it back and working for you.
Increase your super balance by making additional payments above and beyond your employer’s compulsory contributions – you’ll be surprised how even small amounts can make a big difference over time.
The last thing you want when you’re starting a new job is extra admin. That’s why we’ve made it easy for you to keep enjoying the benefits of your Hostplus account when you change jobs. Send your new employer your Hostplus details using our app, or log in to Member Online and navigate to the ‘Employment’ page to send a pre-filled fund nomination form to your employer.
Keep track of your super anytime, anywhere with your online account. Register to check your balance, change your details, switch your investment options, manage your insurance and much more – all from one secure online portal.
Super is designed to provide an income for you in retirement. But if you’re experiencing financial hardship, are terminally ill or are looking to buy your first home, you may be eligible to access your super early.
From understanding the amount of super you’ll need in retirement to choosing the right investment options, learn more about growing and managing your super with our easy-to-understand articles.