Superannuation in Forster
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Superannuation Advice You Can Understand
Making Sense of Your Super
At Midcoast Financial Planning Group, Forster locals can access structured superannuation advice designed to provide clarity and direction. Our team includes Certified Financial Practitioners and members of the Financial Planning Association of Australia, delivering accurate superannuation advice to help you get ahead.
Our services include reviewing fund performance, consolidating accounts, managing insurance within super and teaching you relevant contribution rules. Each strategy is carefully documented and supported by transparent modelling, allowing you to see how your superannuation is structured and managed.
The Forster office provides accessible, responsive service, offering ongoing communication to support you through every stage of your super journey. Our local knowledge provides you with a consistent, reliable experience built around accuracy and accountability.
For more information or to arrange a consultation, contact 1300 854 764.
Super Strategies That Evolve With You
Our superannuation advice follows a thorough, step-by-step process to provide accuracy, compliance and clarity. Each appointment begins with a detailed review of your existing super accounts, insurance coverage and contribution history.
Our advisers use licensed financial modelling tools to project long-term outcomes and identify opportunities for improvment. You will receive a written Statement of Advice that outlines the recommendations, supporting data and relevant legislation.
Regular reviews are scheduled, keeping strategies current and in line with policy and life changes. Our process is designed for transparency, allowing you to clearly understand how contributions, investment options and fees interact over time.
Our Process
Our Proven Process helps us get to know you – your passions, goals, needs and wants. From there, we develop a customised financial plan that adapts and changes as your life progresses.
Step 1
Discovery Call
Let's have a quick chat to see how we can work together to help you achieve your goals.
Step 2
Gather Data
We gather data about all aspects of your financial situation so we take a comprehensive look at your life and finances.
Step 3
Financial Plan
We create a personalised financial plan that will serve as a roadmap towards your goals.
Step 4
Implementation
We set your financial plan in action by implementing all your personalised strategies.
Step 2
Step 4
Frequently Asked Questions
What is the difference between an industry super fund and a retail super fund?
An industry super fund is typically run for the benefit of members and may offer lower fees or default insurance options. A retail super fund is operated by a financial institution and often provides a wider range of investment choices and more flexibility. The key differences usually lie in cost structure, investment control, and service features. Reviewing both types allows individuals to determine which aligns best with their personal and financial needs.
How does salary sacrificing into super work?
Salary sacrificing is an arrangement where part of your pre-tax income is contributed directly into your superannuation account. This reduces your taxable income and allows you to take advantage of concessional contribution caps, which are taxed at 15% within super. It can be an effective way to increase retirement savings over time while managing tax efficiency. However, contribution limits apply, and exceeding them may lead to additional tax liabilities, so it’s important to review arrangements regularly.
Can I access my super before retirement?
Superannuation is designed for long-term retirement savings and is generally only accessible once you reach preservation age and retire. However, early access may be permitted under limited circumstances such as severe financial hardship, permanent disability, or specific medical conditions. Each case requires evidence and approval under Australian Taxation Office (ATO) and superannuation fund rules. Understanding eligibility and potential tax implications is essential before applying for early release.
