By paying fees on the three accounts, he pays more each year on extra fees. Meaning he has less to reinvest in super overtime and can’t save as quickly.
Super in a few places isn’t just messier — it’s a lot more expensive. Consolidate with us for fewer fees and easier management of your super account.
If you’ve ever changed your name, address or job, chances are you have more than one super account. And more than one account means more than one set of fees. By consolidating your super, you put all of it in one place and with one super fund. That means only a single set of fees, plus easier account management.
By paying fees on the three accounts, he pays more each year on extra fees. Meaning he has less to reinvest in super overtime and can’t save as quickly.
By consolidating accounts, he only pays one fee. The money he saves is reinvested to his super balance faster.
This information does changes, please ensure you talk to your Adviser and you have read the current version of the Super Simplifier Product Disclosure Statement (PDS) before making any decisions
ASFA estimates that the lump sum needed at retirement to support a comfortable lifestyle is $640,000 for a couple and $545,000 for a single person. This assumes a partial Age Pension.
ASEA estimates that a modest lifestyle. which covers the basics. is mostly met by the Age Pension. They estimate the lump sum needed to support a modest lifestyle for a single or couple is $70,000.
Super is a long-term investment for your future, so you need to meet certain conditions before you can access it. Situations where you may be able to access some of your super include:
Contact your Meezan Super Advisor for more information and how we can help,
There are over 800,000 Muslims in Australia, that number is only growning. Get in touch to see how we can help you stay on the right path and avoid Riba.
At Meezan, it is about your needs, your goals, Your future. You are the reason we exist. We are here to give you the best help we can give. You are our focus and our motivation.
Meezan Pure Wealth Pty Ltd:
ABN- 76 642 263 250 ACN-642 263 250
Corporate Authorised Representative (ASIC No. 1283123 of Lifespan Financial planning Pty Ltd (AFSL 229892)
Tax practitioner Board, Tax (Financial) Adviser registration number – 25294218
Super Simplifier Super & Pension (the Fund) is issued by Equity Trustees Superannuation Limited (ETSL).
ABN: 36 526 795 205
Unique superannuation
Identifier: 36 526 795 205 001
Meezan Finance Pty Ltd:
ABN- 30 642 725 639 ACN-642 725 639
Authorised Credit Representative (529817) of Kuone Pty Ltd T/As 360 MMS, Australian Credit Licence-504193)
Member of The Finance Brokers association of Australia Limited (FBAA) -M-348502
Meezan Invest Pty Ltd
ABN- 146 639 62105 ACN- 663 962 105
Corporate Authorized Representative (ASIC No.1283123 of Lifespan Financial planning Pty Ltd AFSL 229892)