It is important to monitor your superannuation regularly to help understand how your retirement savings and lifestyle are progressing.
One part of monitoring your super growth is to read your annual statement. This statement lists all transactions in your account over the financial year as well as providing useful information about your insurance cover, nominated beneficiaries and investment returns (as relevant).
Your current annual statement is about to be mailed along with your annual report, so look out for it and make the time to read it when it arrives.
Of course, if your statement doesn’t arrive by the end of October, please contact us so we can arrange another copy and check your recorded address details are correct.