Page 11 - ACI World Wide Super and Insurance Booklet_July 2020

Making Possibilities Happen | 11

Super checklist

Super is an investment for your future. A PSK financial adviser can
help you to understand your company benefit, how you can grow your
balance and how best to manage this asset for your retirement. PSK
can assist you with super housekeeping basics, accumulation strategies

and transition to retirement planning.

Book an obligation and cost free consultation with a PSK financial adviser
- a 30 minute discussion can help you to start sorting out your super.

Nominate a beneficiary Ensure your fund has your details
A beneficiary is a person/s you nominate to receive Maintaining current contact details on your account
your super benefits (death benefit) if you die. Without ensures you will always receive important updates
a beneficiary, your fund Trustee makes this decision; regarding your super and insurance updates
payment of benefits is also slowed. ongoing.

Consolidate your super Features & benefits
Consider consolidating all your super accounts Check if your fund offers a range of discounts on
into one fund to save fees and keep track of your financial and lifestyle products. Do you know how to
balance. Check exit fees and insurance cover which access these benefits?
may discontinue and cannot be replicated before
Family Member Accounts may also be available.
consolidating.

Contribute to super
Investment strategy
Will relying on your employer’s super guarantee
Is your fund’s default investment option the right
contributions provide sufficient funds to achieve
one to help you achieve your financial goals? Are
your retirement goals? You can make additional
you aware of other options available via your fund’s
contributions to super – note limits apply. Seek
investment menu?
professional guidance and understand potential tax
implications first.
Check your insurance

Insurance provides a contingency plan to protect
you and your family against financial hardship and
stress should the unexpected occur. Is your existing
insurance adequate for your needs?