Getting financial advice
If you are approaching retirement, you have complex tax or investment needs, you have large amounts in superannuation, or you just find super complex and confusing, you should seek advice from a licensed financial adviser.
Choose a licensed financial advisory business that is an expert in superannuation.
Before you see an adviser, gather information about your current superannuation fund, and know what questions you need answered.
The Australian Securities and Investments Commission consumer website, FIDO, has lots of information about getting financial advice.
Financial advisers may charge fees directly or you may pay indirectly through higher fund fees. Many don't advise about industry or corporate funds, so be sure to compare any fund your adviser recommends with your employer's default fund and an industry fund.
If your adviser recommends changing funds, always ask whether you will lose any benefits, how the five-year investment performance of the fund compares with your current fund, what charges will apply, and what other significant changes will occur. Ask your adviser to set this out clearly in the Statement of Advice they give you.