Many Australians don't take the time to learn about their super options.
Over a normal persons working life, a minimum of 9.5% is automatically deposited into a separate retirement account from your employer.
But also over a normal persons working life. different super accounts can be created from a number of jobs over a lifetime.
Not only are people losing out from paying extra fees and premiums, they may be losing funds through their investments.
One in four superannuation funds are underperforming in the industry
And according to Karen Chester, the Deputy of Productivity Commission, 20 super funds are underperforming which means $197 billion dollars of funds are not making an investment return.
So do you know how your super fund is performing?
This is a online course that teaches the basics of superannuation and investments.
The course content is general information that is intended to give you more options in your super.
Norah Larry has been serving the community for more than ten years and has spent the past four years in the banking and finance industry. After helping thousands of members, she has noticed the average Australian struggles with understanding superannuation. Her vision is to simplify superannuation for every person who works in Australia.