Super health check
It’s easy to put other needs before your superannuation. However, it is important to remember to give your super regular check ups, as little changes now can mean a big difference in the amount that you receive when it comes time to retire.
By spending a few minutes completing our HIP Super Health Check, it could make a big difference to the amount you retire with.
1. Have you changed jobs and have more than one account?
HIP can help by contacting your other Fund and arranging a rollover into your account. It can save you hundreds of dollars in fees. Simply complete our rolloverrequest form.
2. Do you know how much you pay for your super?
HIP is an industry super fund that pays no commisions and returns all profits to members. Better still HIP charges a flat administration fee that doesn't increase as your balance does. View our low cost structure here.
3. Do you know your super’s investment performance?
HIP's 12 month return for the Growth (default) Option to the end of May 2007 was 19.5%*; 2 years 18.2%*; 3 years 16.6%*; 4 years 15.2%* and 5 years 10.6%. View HIP's long term performance here.
4. Are you comfortable with your investment option?
HIP gives you the opportunity to choose one of our ready-made investment options or, you can create your own investment strategy from our three investment options.
5. Do you make additional contributions to your super?
It's amazing the effect that additional contributions, either after-tax or salary sacrifice, can have on your final superannuation amount. The trick is to start contributing early and enjoy the rewards of compounding interest on your additional contributions!
6. Do you think you will have enough super?
Our calculators will allow you to estimate how much your super assets will grow by the time you expect to retire.
7. Would your insurance cover the unexpected?
Your super is the asset you are building today to achieve a financially secure retirement. However, at the moment, two of your most valuable assets are your financial health and income earning potential. Protecting them against the unexpected should be part of your strategy. HIP members have access to cost effective death, income protection and total and permanent disablement insurance.
8. Subscribe to HIP News
You can easily keep up to date with superannuation matters via our email news and information service. Sign up now and have HIP’s News delivered to your inbox.
9. MemberOnline
Get 'super' active with MemberOnline - the internet facilty which allows you to check your account balance and contributions made, update your details or make an investment choice.
10. Join HIP
If you haven't already done so, Join HIP and take advantage of our low fees, strong investment returns, a choice of investment options and many other benefits and services.
Download a copy of HIP's Super health check to see if you are getting the most of your super.
* Past performance is no indication of future performance and if you are unsure of what investment option best suits your own personal financial situation, objectives or needs, then you may need to seek advice from a qualified financial planner.
This website is provided by Private Hospitals Superannuation Pty Ltd ABN 59 006 792 749, AFSL 247063, RSE L0001533, Trustee of Health Industry Plan (SPIN HIP0100AU, RSE R1056617), and is general information only. It does not take into account your objectives, financial situation or specific needs so you should look at your own financial position and requirements before making a decision. Please note that investments can go up and down. Past performance is not a reliable indicator of future performance. You should assess your own financial situation and needs, read the relevant Product Disclosure Statement and consult an adviser if required before making a decision about products on this website.