Saving yourself years of work could be a phone call away
03 February 2020
5
min read
You could save years of work by getting advice early. It may be as simple as a phone call.
Advice that helps you feel confident about the choices you make now, may help you to feel more secure about the future.
A recent survey commissioned by QSuper of more than 3,500 Queenslanders1 showed people were feeling more in control of their money compared to two years ago and were more confident about their financial future with improved financial wellbeing.
Seeking financial wellbeing support, through education programs or advice, contributed to Queenslanders feeling more positive about their finances, the study found.
As a QSuper member you have access to personalised super advice about your QSuper account at no additional cost2. It can be as simple as a phone call to 1800 643 893 to help you make the most of your money.
What financial advice are people asking for?
Independent research released by the Australian Securities and Investments Commission (ASIC) in 20193 found more than half of all Australians agreed that using a financial adviser could provide peace of mind about the future, while almost four in five Australians felt financial advisers had expertise in financial matters that they did not.
It found the most common topics Australians have received or want advice on are:
- Investments (such as shares and managed funds)
- Retirement income planning
- Growing superannuation
- Budgeting or cash-flow management
- Aged care planning.
Source: Financial advice: What consumers really think, 26 August 2019, ASIC
This supplemented the QSuper survey findings that identified Queenslanders’ most pressing financial concerns. The top five concerns, which had all risen in 2019 compared to two years earlier, were:
- 1. Rising age of retirement
- 2. Affording healthcare
- 3. Funding retirement
- 4. Insurance costs
- 5. Changes to the age pension rules
What financial advice is only a phone call away
With access to financial advice included in your QSuper membership at no additional cost,2 a simple phone call may help you:
- Pay less tax
- Grow your super with extra contributions
- Review your QSuper investment options
- Protect what’s important with insurance that’s right for you.
1. Survey of 3,554 Queensland-based workers conducted in July and August 2019 by Ipsos, commissioned by QSuper.
2. QInvest Limited (ABN 35 063 511 580, AFSL 238274) is a separate legal entity responsible for the financial services it provides. The administration fee covers the provision of advice about your QSuper Accumulation and/or Income account, when you receive personal advice from QInvest. Eligibility conditions and advice fees may apply. Refer to the Financial Services Guide for more information.
3. Australian Securities and Investments Commission (ASIC), August 2019, Financial advice: What consumers really think, Report 627, accessed 28 January 2020 at asic.gov.au