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Unlock the Potential of Your Superannuation

How Coastal Advice Group Can Help?

Coastal Advice Group offers a personalised and client-centric approach to superannuation advice, empowering clients to make informed decisions and secure their financial future effectively. Here’s how CAG can help:

Recommend a suitable superannuation account, considering your individual needs and future retirement goals

Ensure that the chosen superannuation fund has competitive fees in place, optimising your net investment return

Locate all lost super accounts to avoid missing any superannuation funds

Help you to invest your superannuation funds according to your current needs, best interests, and retirement goals

CAG’s superannuation advisers undertake a comprehensive process to address clients’ superannuation needs, craft personalised strategies, and monitor performance. Here’s an outline of the steps involved:

Assessment of Superannuation Needs

CAG advisers conduct a thorough assessment of each client’s superannuation needs, taking into account their current financial situation, retirement goals, timeframe and risk tolerance.

Crafting Personalised Strategies

Based on the assessment, the team crafts personalised superannuation strategies tailored to each client’s current needs, best interests, and future retirement goals.

Selecting Suitable Superannuation Products

Selection includes ensuring competitive fees, simplifying and consolidating superannuation funds, identifying and relocating lost super accounts, and investing superannuation funds according to the client’s current needs and best interests.

Monitoring Performance

CAG advisers continuously monitor the performance of their clients’ superannuation strategies, making adjustments as needed to ensure that the clients’ superannuation investments align with their financial objectives and market conditions.

Enjoy the Benefits of Superannuation Advice from Coastal Advice Group

Personalised Superannuation Advice Strategy

Coastal Advice Group tailors advice to your specific needs, risk tolerance, and financial situation, ensuring a comprehensive roadmap for your retirement

Competitive Fees

Our advisers help you choose a suitable superannuation product with the right features and competitive fees, ensuring your investments grow more efficiently

Simplified and Consolidated Funds

CAG simplifies and consolidates your superannuation funds where appropriate, making it easier to manage and track your investments

Investment Expertise

Our expert team assesses investment options, diversifies your portfolio, and offers guidance on suitable investment vehicles, ensuring your retirement funds work harder for you

Tax Efficiency

CAG helps you navigate the complex world of tax regulations, identifying opportunities to minimise your tax burden through superannuation contribution strategies

Regular Monitoring and Adjustments

We provide continuous monitoring of your investments, evaluating their performance, and making adjustments as needed, ensuring your retirement plan remains aligned with your goals

Frequently Asked Questions

How much should I have in Superannuation?

According to Canstar, here’s the recommended super balance you should have for a comfortable retirement based on your age group:

AgeRecommended super balance required for comfortable retirement

If you are worried that you won’t have enough super for your retirement, receiving professional advice and guidance can help you develop strategies to take control of your superannuation assets and achieve better outcomes.

How much can I contribute to my superannuation?

From 1 July 2021:

  • The non-concessional contribution cap will be $100,000 to $110,000. Members under 65 years of age may be able to make non-concessional contributions of up to three times the annual non-concessional contribution cap in a single year.
  • The general concessional contribution cap is $27,500 for all individuals regardless of age.

It’s important to remember that there are limits to the amount of super you can contribute as well as regulations around contributing. It is always best to seek professional superannuation advice to ensure you adhere to super fund regulations and avoid penalties.

What is a Concessional Contribution?

A concessional contribution is made from before-tax income and is taxed at 15% in your super fund. Common examples of concessional contributions include:

  • compulsory employer superannuation guarantee contributions,
  • salary sacrifice arrangements, and
  • any personal super contributions that you claim as a tax deduction.
What is a Non-Concessional Contribution?

A non-concessional contribution is made from after-tax income and is not taxed in your super fund. Common examples of non-concessional contributions include:

  • voluntary additional payments made from your after-tax income,
  • any made on behalf of your spouse (married or de facto),
  • a government co-contribution.
When can I access my superannuation?

Generally, you must reach preservation age before you can access your superannuation per ATO rules.

Date of birthPreservation age
Before 1 July 196055
1 July 1960 – 30 June 196156
1 July 1961 – 30 June 196257
1 July 1962 – 30 June 196358
1 July 1963 – 30 June 196459
From 1 July 196460