It pays to take an active role in the management and growth of your financial future to nurture your super nest egg. Regular reviews of your super position can highlight opportunities to consolidate funds, spousal contribution splitting, review costly fee layers and add further contributions from your savings or pre-tax income (which can in turn reduce your tax liability).

While your money in your super fund profile is invested on your behalf by your super fund, there are different investment strategy options involving shares, exchange traded funds and term deposits. Balanced or growth investment strategies can differ from fund to fund, so it is often more relevant to understand the asset allocation within each to get the full picture.

Whether it’s a one off fund review, help to consolidate historical super funds or a need to better understand your fund options, AusWide can help you to become more involved in your superannuation strategy.