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Importance of a Strong Super Fund

by | Jul 11, 2024 | Finance | 0 comments

With Australia’s major super funds announcing their annual results this week, Aussies are being urged to get clued up on the performance of their fund and their options for switching.

Recent data reveals more than 81% of Australians are recalibrating their investments due to the cost of living crisis, underscoring the importance of effective financial planning, with superannuation playing a pivotal role in securing future financial wellbeing.

However, there remains a concerning knowledge gap surrounding super funds, with the research indicating more than 43% of Aussies have little to no understanding of how their super is invested, and almost a 31% saying they don’t often think about their super and how it is performing.

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