News & Views

As we draw closer to the end of another financial year, it’s a great time to reflect on where you are at with your super.

Your super is your savings for retirement and at NESS Super we want to support you with some helpful tips on your Super Health Check self-assessment.

It’s important that both Employers and their Employees know the following:

Check your insurance cover

Protect the life you’ve planned for yourself and your loved ones. Check that you have the right level of insurance for your circumstances.

At NESS Super, we offer a range of cover options available to members that include Income Protection as well as Death and Total & Permanent Disablement, and both are available as default over. Our income protection is a key member and industry benefit, specifically designed for both employees and the self-employed who work in the electrical services industry.

More information on insurance offered through NESS Super be found on our website here.

Consolidating your super

Having several super accounts could mean you're paying multiple fees and charges, which may reduce your overall retirement income.

You can also find helpful information on our website on the comparison of NESS Super’s fees and insurance premiums against other funds in the industry.

You can also check where your super is by calling our friendly team on 1800 022 067 and we can help you consolidate your other super as well as look for any lost or unclaimed super in a matter of minutes. Bonus!

How much super are you getting? 

The current rate for Super Guarantee payments is 9.5%, with this rate currently set to continue until 1 July 2021, when it is expected to increase to 10%. However, this increase could come under review. Watch this space…

You can help boost your super and potentially receive taxation benefits by either salary sacrificing or making after-tax contributions.  Please check your eligibility criteria as well as contribution limits by contacting us for a chat.

To find out more about how NESS Super can help you and your employees, please contact your Employer Services Manager, Calvin Lake on 0436 000 401 or email me at calvin.lake@nesssuper.com.au.

You can also contact our Member Services Team on 1800 022 067, or email us at nessadmin@nesssuper.com.au

Disclaimer: The information contained in this newsletter is up-to-date at the time of its publication.  However, some information can change over time. The contents are for general information only and does not constitute personal advice. We recommend that you consult with a suitably qualified person before making any financial decisions.

NESS Super Pty Ltd ABN 28 003 156 812 AFSL 238945, as trustee of NESS Super ABN 72 229 227 691.