SUPGEN018 Unlocking the mysteries of your super statement (580 words)

So many people ignore their superannuation statements and don’t realise the benefits of checking them on a regular basis. This article explains what to look for and what to do if changes are required.

Superannuation statements. Boring, right? But if, like many people, you toss your annual super statement in a drawer or hit delete, you could be depriving yourself of many thousands of dollars just when you need it. So it’s worth the small effort to take a closer look at your superannuation statement. If everything is in order, you’ll get a warm glow from watching your nest egg grow. Conversely, a quick check of your statement may reveal some of the common problems that occur with super; and the sooner these are fixed the quicker your savings can increase.

What to look for