Super Strategies

Like most things in life, the best way to secure your financial future is to start with clear goals in mind. Here you'll find some clever ideas for making the most of your super dollar.

  1. Consolidate your super
  • keep on top of your money
  • Reduce your fees
  • Less paperwork 
  1. Make an investment choice

Super gives you the flexibility to invest your retirement savings in a range of asset classes. These include more conservative assets such as bonds and cash, and assets that are more volatile (but potentially more rewarding over the long-term) such as property and shares.

  1. Bump up your super

Salary sacrifice your bonus into super rather than receiving it as cash. This reduces the tax on your bonus by up to 31.5% and allows you to make a larger after-tax investment.

  1. Use super to make your insurance more affordable

By holding your insurance inside your super fund you may be able to reduce the cost of Life, TPD and income protection insurance by using pre-tax dollars and taking advantage of bulk discounts. And by sticking with your mix, you may save thousands.

  1. Invest personal assets in super

The tax-effectiveness of saving through your super fund can be really powerful. This is because investment earnings are taxed at a maximum rate of 15% and all benefits received at age 60 or over are completely tax-free.

With this in mind, why not consider cashing in an asset and making a personal after-tax super contribution? This strategy works really well if your money is currently invested in a term deposit or other asset where you won't have to pay capital gains tax (CGT) on withdrawal. And even if you do have to pay CGT on assets such as shares, the tax benefits of super may more than offset the impact of CGT.

Get in contact

Additional Information

Click to add further additional information to help us with your quote.

By clicking 'Get a Quote', You agree you have read and understand the Privacy Statement & Financial Services Guide

Latest News

Oracle names inaugural AR of the year

Blueprint Insurance director Anthony Latouf has won Perth broker Oracle Group’s authorised representative of the year award. Group MD Graeme Dorrell says the inaugural award recognises Mr Latouf’s commitment to compliance, client read more...

2016-17 Federal Budget Update

Superannuation Concessional contributions capped at $25k each year. Lifetime limit of $500k for non-concessional contributions. A limit of $1.6m an individual can move to the tax-free retirement phase. Threshold for paying additional read more...

Small business Bills pass

On 15 June 2015, the Tax Laws Amendment (Small Business Measures No. 1) Bill 2015 and the Social Services Legislation Amendment (No. 2) Bill 2015 were passed by the Senate. These Bills give effect to number of announcements from the 2015 Federal read more...

^   Back to Top