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Australian Food Super

How do I choose my super fund?

Australian Food Super ticks all the boxes

Take a look below at some things to consider when choosing the right super fund for you. Does the super fund have:

  • Low fees
  • Solid, long term investment returns
  • An understanding of the food industry
  • Income protection for members
  • Flexible Life and TPD insurance cover
  • Service representatives that visit your worksite regularly to help answer your questions
  • Education, information and tools to assist you
  • Access to licensed financial advisers
  • An online account service
  • The opportunity to stay in the fund if you leave your current employer
  • A pension option at retirement

What next?

  • Make a choice. Australian Food Super has included a simple checklist overleaf to help you consider the right fund for you.
  • Join a fund! You will need to speak with your HR or payroll staff to find out how they sign you up to a super fund. You can also complete a choice of fund form. Or if you’re not yet a member, you can join Australian Food Super online.
  • Rollover any other super you have elsewhere into your choice of super fund. The more super funds you have, the more fees you are paying. You do, though, need to consider any insurance cover you may have with these funds which may be canceled.
  • Carefully consider your insurance cover with any fund you join. In the food industry, it is even more important to make sure you have the right insurance cover, including life, total and permanent disablement and income protection cover. Australian Food Super provides eligible members with cover for all three types of insurance.

To make an informed choice about your super, it is recommended that you compare several different funds and consider which one is appropriate to your objectives, financial situation and needs. You may wish to speak to a financial adviser.

HOW DO I CHOOSE THE RIGHT SUPER FUND?

Complete the checklist to help you choose a superannuation plan.

Answer Yes or No in the table as to what is important to you in your super fund. For workers in the food industry, it’s important to understand that there are major differences in insurance cover across super funds. Look for the fund with the cover that will suit your needs.

How to choose a super fund

Download the Fact Sheet

How do I choose my super fund?

If you require any assistance, or would like a printed copy of this or any fact sheet, please contact the Member Hotline on 1800 808 614

Australian Food Super offers all of these benefits and features. If you would like to join Australian Food Super, download the Product Disclosure Statement or speak with your HR or payroll staff for a copy.

 

*Australian Food Super has engaged Link Advice ABN 36 105 811 836, AFSL No. 258 145, to provide this advice to members.