Professional Superannuation Advice — Newcastle

Are you looking for comprehensive superannuation advice in Newcastle? Steel Lake Advisory Services can help! Our experienced team of superannuation financial advisors can provide a range of personalised services to help you secure the retirement you deserve.

Superannuation Advice

What Is Superannuation and Why Is it Important?

Superannuation, often referred to as super, is a tax-effective investment vehicle that is made for the purpose of building wealth to fund your retirement.

Over your working life, your employer will contribute funds to your super as part of your employment package. This is referred to as the ‘Super Guarantee’ and will increase to an additional 12% of your ordinary time earnings by 2025. 

This is a significant proportion of your hard-earned income. As such, it’s important to secure extensive financial advice on your superannuation so you can give it the attention that it deserves.

Making Sure Your Super Works Hard for Your Future

At Steel Lake Advisory Services, we will evaluate your current super fund by reviewing the fees you’re being charged, the underlying investment performance, and what insurance you may or may not have held by the fund. We will uncover opportunities to improve the performance of your super while underpinning your retirement and financial goals.

Steel Lake Advisory Services is not affiliated with any super funds or investment products. Therefore, you can rest assured that we will only provide the best superannuation financial advice and recommend the products that are best suited to your personal financial goals. 

This may involve staying with your existing super fund, or we may identify a benefit to switching or exploring a new super fund. Our team can also assist with the consolidation of multiple super funds to ensure you’re getting the best return on your contributions. 

Experts in Providing Super Advice

Before you make any changes to your super, it’s important to seek advice from a professional superannuation adviser. Our Newcastle team will ensure you are with the appropriate fund for your circumstances and evaluate if there is a risk of losing benefits by making any changes. Getting yourself set up with the right fund and making sure your money is in the right investments can make a significant difference to your assets and income in retirement.

What’s more, making additional contributions to your superannuation now may be appropriate to minimise your tax obligations and build more wealth with this tax-effective retirement vehicle in the future. There are a range of contributions you can make, with limits on when and how much you can contribute to your super without being taxed. Our super advisers will provide bespoke advice for your unique position to ensure you’re getting the most out of your superannuation.

Is a Self-Managed Super Fund Right for You?

Self Managed Super Funds (SMSF) have gained increased popularity in recent years due to the greater degree of control and flexibility that they often provide. An SMSF is a private super fund managed by you, and it is just another way of saving for your retirement.

A Self Managed Superannuation Fund may be suitable for you if you are looking to invest in a wider range of assets, such as direct property; this type of investment may not be available through other superannuation retail products. Our expert team will work with you to determine if an SMSF is an appropriate vehicle for you when considering your overall financial position, stage of life and goals.

Specialists in providing SMSF advice, the team at Steel Lake Advisory Services will educate you on the risks, structure, and legal requirements. Our tailored superannuation financial advice includes developing a tailored SMSF investment strategy and complete facilitation of the advice we provide. We will recommend an ongoing advice service for SMSF trustees to ensure they are always on top of their financial plan. We will help them make appropriate changes over time as their retirement plan evolves while also considering any legislation changes in future.

Reach Out to Our Team

Get in touch with our team and discover how a financial planner can help your superannuation work for you by maximising its growth potential today. No matter what type of advice you may be looking for, you can count on Steel Lake Advisory Services to provide the versatile services you need. 

Schedule a Call

In 15 minutes we can get to know you — your situation, goals, and needs to see if we are the right fit to help you reach your potential.