Club Super’s digital personal advice tool known as theYourSuperFuture tool has undergone a makeover, giving it a fresh new look and making it even easier to use. The tool is divided into 3 sections – planning, protecting and growing. Planning aims to help you set your super savings goals, while protecting will help you determine how much insurance cover you need to protect your income and loved ones. Growing will assist you to choose which investment options your super should be invested in.
Before you start, it’s helpful to have your payslip on hand and an idea of the value of your assets, liabilities and expenses. To get started, simply log on to Member Online, navigate to the ‘Calculators’ tab and select the ‘Limited Advice Calculator’. The tool will automatically populate with some of your Club Super account information, such as your current balance, investment choices and insurance covers (provided these are not fixed). Once you select the areas you are interested in getting advice on, the tool will step you through a series of questions to determine your current situation and future needs.
The tool should only take around 15 minutes to complete, and once you have finished you will receive a written Statement of Advice (SOA)1. The SOA is designed to provide you with all of the recommendations and fees and charges, as well as the next steps you will need to take in order to implement the advice given to you.
Of course, if you have any additional questions or would like to receive further financial advice from Club Super Financial Planning2 you can contact the Club Super Client Contact Centre on 1300 369 330.
1 Please note that the Statement of Advice we will prepare for you is based on information you have provided regarding your financial situation, personal circumstances and financial goals and risk tolerance. If your actual financial circumstances, goals or risk tolerance differ from the information you have provided then the Statement of Advice will not be relevant and therefore should not be relied on.
2 Fees may be charged for the provision of personal advice, but where the advice relates to your superannuation, these costs may be deducted from your superannuation account. All fees will be explained to you in detail prior to any advice being given and there are no ongoing commissions as our planners work on a fee-for-service basis.
YourSuperFuture and Club Super Financial Planning advice are provided by My Super Future Pty Ltd (ABN 38 122 977 888) Australian Financial Services Licensee (AFSL no. 411440) and are authorised to provide personal financial advice. The Trustee Club Super (ABN 12 737 334 298) is not responsible for, and does not accept liability for the products or services or actions of My Super Future Pty Ltd. You should use your own judgement before taking up any product or service offered by My Super Future Pty Ltd.