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How to check your investment options
Savings in super can do a lot more than money in a regular bank account. Why? Because you get to choose how your balance is invested.
On this page:
Get in control of your super
If you’ve gone to the trouble of setting up online access to your super account, maybe you’ve looked at your total balance to see how much you have.
What you may not have explored yet is how your super is invested. If this is a step you haven’t taken, you won’t know that your super fund has made this choice on your behalf. When you join a super fund, if you don’t choose how to invest your super, any savings you already have, and any new payments into your account will be invested in a default investment fund.
This default might be ideal for your life stage and the type of investments you feel comfortable with. But most super funds offer a whole range of investment options and there might be one that’s a much better choice for getting the most from your super savings.
The best way to start investing
Lots of people in Australia have experience of investing their money, both in their super and in other ways. But even more people have never invested before. If you’re new to investing, super really is the ideal way to get started.
What are my investment options?
Most super funds offer a decent range of investment options. They might give you the freedom to put your super savings into Australian shares or even international shares. They can also give you a choice of mixed options which will spread your money across lots of different types of assets. These options are designed by super funds based on different goals for investment risk and growth.
Want to get into the detail on super investment options and learn about what ‘assets’ and ‘investment risk’ mean for your super?
Our Grow your balance topics are just what you’re looking for.
How do I make an investment choice?
With most super funds you can choose more than one type of investment. So you can put your whole super balance into one option or split it across a few different ones.
The best way you can do this is by accessing your super account online. Using the tools and menus you can explore the different options on offer and make choices for how you want your savings invested.
If you’ve never made investment decisions before, you might feel more confident or comfortable with your choices if you get some help first. Our ANZ Smart Choice Super team can give you information on the super investment options available to you.
Find out more about getting help with super.