Protecting Your Super
There are changes coming to superannuation that may impact you!
The incoming Protecting Your Super legislation that comes into effect on 1 July 2019, has been designed to help all Australians maximise their retirement savings.
It’s important for you to be aware of these changes as they may have a significant impact on your superannuation, including the insurance cover provided to you through your Statewide Super account.
To help you better understand and prepare for the upcoming changes, we’ve put together this handy Protecting Your Super fact sheet for you.
If you are unsure whether you should elect to maintain your insurance, we recommend that you obtain independent advice and consider the information provided on ASIC’s MoneySmart website.
If you think you may be affected by these changes, don’t be alarmed. We’ll be in touch with you over the coming months to provide you with further information on any action you may need to take.