Superannuation / Savings

By making regular and/or lump sum contributions into a superannuation programme you can make sure that you have adequate income throughout your retirement. The major advantage of this kind of investment for many people is that funds are locked in and therefore safeguarded for your retirement.

Savings policies operate similarly to superannuation in that they are designed for long-term savings, they are however more flexible as the funds are not locked in.

Regular savers or contributors to Superannuation can take full advantage of Dollar Cost Averaging, a simple concept based on taking advantage of market movements to receive greater returns over the long term. By investing a set monthly amount, dollar-cost averaging can turn market fluctuations to an investor's advantage by buying more when prices are low, and less when prices are high. Dollar Cost Averaging has been shown to enhance long term investment returns by 2-3% p.a.