Top tips to make the most of your superannuation

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We all want to make the most out of our superannuation and some simple steps can make a huge difference in retirement.

Australian Super business solutions manager, Lauren Davis, recommends starting with a very basic step — like checking your balance, or attending a superannuation education session.

Press PLAY below for some simple tips on making the most of your super

“Once you achieve that you can then build on that,” she told Scott Haywood on Money News.

Ms Davis says monitoring your fund’s performance and fees and shopping around can help you make the most of your super.

“Firstly, that’s comparing funds and looking for that long-term performance using an app, like Australian Super has, to stay on top of your super, but keeping track of your account and the balance,” she said.

“Just like reviewing your other financial circumstances, it’s important to review your super to ensure it’s appropriate for you.”

The information shown in this article is general information only. We haven’t taken into account your needs or personal objectives when providing the information. You should assess your own financial situation and needs, and read the relevant Product Disclosure Statement before making a decision about products. A Target Market Determination (TMD) is a document that outlines the target market a product has been designed for. Find the TMDs at australiansuper.com/tmd. AustralianSuper Pty Ltd ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898 Superannuation Fund Number (SFN): 2683 519 45, Superannuation Product Identification Number (SPIN): STA0100AU.