What an exciting new time for you! Here are a few things that you might find useful to think about at this stage of your life.

 

Are your details up to date?

If you’ve had a change of name, address or other details, it’s important to let us know so we don’t lose touch with you, and more importantly, so you don’t lose touch with your super.

Get started with our step-by-step HOW DO I…update my personal details?

 

Reviewing your beneficiaries

It’s not likely to be a time when you want to think about the possibility of something happening to you. But your super is likely to be one of your biggest assets so it’s important to ensure it ends up in the right hands if something did happen to you.

A simple way to do this is to nominate a beneficiary for your super account (because super doesn’t automatically form part of your Will, if you have one).

Once you make a valid nomination, this means we must pay your death benefit to the person or people (or your estate) that you’ve nominated. If something happens to you and we don’t have a beneficiary nominated, we have discretion to decide which of your beneficiaries receives your super.

Learn more about nominating beneficiaries or get started with our step-by-step HOW DO I…nominate a beneficiary?

 

Are your loved ones and income adequately insured?

Beginning a new relationship can have an effect on your financial commitments, which makes it an important time to reconsider your insurance needs – how well would those commitments be protected if something happened to you?

For example, you may want peace of mind that the new additions to your family will have some financial security if you’re unable to work because of injury or illness. Or if you’re buying a house, an insurance benefit may help reduce some outstanding mortgage or other debts if something happens to you.

Because we know that life events are often the times when people need to change their insurance cover, one of the features of cover for Accumulate Plus members is our life events cover option. With this option, you may be eligible to increase existing cover when you get married (or have one of the other specific life events) without having to provide additional medical evidence.

Find out more about life events cover.

 

Did you know your spouse or partner can open an account in our fund too?

The financial wellbeing of your family is just as important to us as your own. That’s why we think it’s only fair to offer membership of one of Australia’s top-rated super funds to your spouse or partner as well.

By joining Accumulate Plus, your spouse can enjoy many of the same membership benefits you do.

Find out more about the top advantages of membership or get started with our step-by-step HOW DO I…open an account for my spouse/partner?

 

In a relationship and thinking about the future?

Watch the above video to see how financial advice can help you prepare for life ahead.

Other useful resources

    New partner? How to plan for retirement together

    Starting a new relationship means sharing your life and finances, including retirement and how you plan for it. (Source: Colonial First State)

    How much can I save?

    With this calculator, you can see how much you could potentially add to your retirement savings by reducing your spend on little extras. (Source: ASFA SuperGuru)

    How much money might I need to retire?

    Use this calculator to help you estimate how much money you may need and how much you may have when you retire in just a few easy steps. (Source: CommBank)

    The 6 big financial mistakes people make in their 30s

    In your 30s, you may have financial dependents for the first time and this responsibility can be daunting. To help you get on top early, here are the mistakes to look out for in this decade. (Source: Financial Planning Association of Australia)

    How a financial planner can help with life's milestones

    From landing your dream job to starting a relationship, a financial planner can help you financially adjust when life happens. (Source: CommBank)