Smith & Maddern Financial Services Pty Ltd - Company Message

Recent Posts

Insurance - Don't Go It Alone!
Wealth planning across the ages...
The Spirit of the ANZACS
7 Trending words of 2014
Australian demographics 2014


Economic commentary
Estate planning
Financial Planning
Health & Wellbeing
powered by

My Blog

Your 'lost' super & insurance could be under threat...

If you have small 'lost' superannuation account balances, it's important to be aware of changes to the handling of these accounts. 
Many people don't realise it, but their 'lost' super accounts could be worth a whole lot more than just the account balance...there could be some very valuable insurance benefits linked to the account.  If the accounts are transferred to the ATO, those insurance benefits will be cancelled.
For anyone who has a history of medical issues (it could be a dodgy back, or any other health-related concerns), it could be difficult to arrange replacement insurance cover as the Underwriting assessment may turn out to be less-than-ideal.
So, it's REALLY IMPORTANT to consider where your super accounts are held, and whether they are at risk of being "lost".
Click on the links below to read more information...then contact your Financial Adviser or superfund IMMEDIATELY for advice.

0 Comments to Your 'lost' super & insurance could be under threat...:

Comments RSS

Add a Comment

Your Name:
Email Address: (Required)
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment