Proposed super changes …

Posted by Pacesetter Financial Services

One thing we can be certain of when it comes to super is that the rules will change from time to time. It’s a fact of life, there’s nothing we can do about it and the good news is that it doesn’t have to keep you up at night. In fact, when you’re making your super decisions under advice that is tailored specifically to your circumstances, you can take comfort in the knowledge of the core principles that historically demonstrate that super is still amongst the most effective retirement savings vehicles on offer.

Here are five constants about super that have stood the test of time.

  1.  Super is a means of accumulating money over the longer-term to fund your retirement
  2.  Super relies on the principle of compound interest
  3.  Super is tax effective (and likely to remain so)
  4.  Super is most effective when you invest regularly
  5.  Super can be structured in a range of ways depending on your overall financial plan.

It is important to remember that there are other characteristics of super that also need to be taken into account in your planning. For example, contributions to super are preserved and can’t be accessed until you meet a condition of release such as retirement.

Please contact Pacesetter to find out more about how super works, if you have any questions about your super arrangements and for individualised advice in this area.


Pacesetter Financial Services and its advisers are Authorised Representatives of Fortnum Private Wealth Pty Ltd ABN 54 139 889 535 AFSL 357306 trading as Fortnum Financial Advisers.

This information (including taxation) is of a general nature only and neither represents nor is intended to be personal advice on any particular matter. Pacesetter Financial Services strongly suggests that no person should act specifically on the basis of the information in this document, but should obtain appropriate professional advice based on their own personal circumstances.