There’s a saying: “If you don’t know where you’re going, any road will take you there.” It’s the new financial year, so it’s a great opportunity to check where you’re going with your super. Here are three top tips to get you started.

1. Is your investment option right for you?

At Qantas Super we give you access to a range of investment options to help you grow your super. Each investment option carries a different level of risk, so choosing how you want your money invested is a personal decision. It depends on things like your career, your age, whether you have any dependants (like kids at school or elderly parents), whether you have other savings – there are lots of variables that go into deciding an investment option. It may also help to ask yourself a few basic questions about how comfortable you are with taking risk, how long you’ll be investing for and what type of returns you’re seeking on your money.

That’s why it’s important to not rely on ‘water cooler’ or ‘backyard bbq’ talk when it comes to choosing your investment option – while friends have good intentions, your situation is unique to you and it’s important to get the right guidance. If you’re unsure of which investment option or mix of options is right for you, call us to speak to a licensed financial adviser over the phone – advice about choosing the right investment option is included in your membership so there’s no extra cost.   If it’s more comprehensive financial advice you need, we can put you in touch with a licensed adviser who is very familiar with Qantas Super and can guide you based on your own circumstances – your first meeting is free.

2. Consider adding a little extra

A powerful way to boost your super balance is to add some of your own money. Don’t dismiss this outright by thinking you need to add a large amount – adding a small amount at regular intervals can be a very effective strategy as the value of these extra contributions and the income generated by them compound over time. To find out the different ways you can grow your super.

3. Make sure we have all your up-to-date details so you don’t miss out on important information

Have you moved? Changed email addresses or changed your job recently? Let us know your address details, your email address, your mobile number, and your preference for what we send to you. You can do this by logging into your account and updating it there or calling us. We are here to help.