Common Advice Questions

Not sure whether our Member Advice Consultants can help you with your AvSuper decisions? Here is a list of common questions we get asked by members…

Contributions

• How much do I need to contribute to have enough money in retirement?
• Pre-tax or post-tax – which contribution type is best for me?
• Should I contribute to my Defined Benefit or my accumulation account?
• What are the contribution limits? Will I exceed my limit? What happens if I exceed my limit?
• How often can I change my contribution rate?

Investment Options

• How do I know which option is the right option for me?
• When should I review / switch investment options?
• What is unit pricing?
• What is the best approach for maximising the return on my super?
• Should I just invest in one option or more than one?

General

• Can you give me advice about my other super / insurance?
• Can you provide advice to my spouse / partner?
• What does my statement mean?
• Can my new employer contribute to AvSuper for me?

Income streams

• When can I retire?
• What are the implications of a 15% tax on TTRs?
• Should I transfer all my super into an Income Stream?
• Do I have to take an Income Stream at some point?
• Can I get an Income Stream while I’m still working?
• Do I have enough money to fund retirement now? If not, what can I do?
• How do I manage an Income Stream and Centrelink entitlements?
• Should I sell some assets to build my super, or not?

Insurance

• How much insurance cover do I need?
• What is income protection insurance cover?
• Why do I need insurance cover?
• What factors do I need to consider to decide how much cover I need?