{"id":257547,"date":"2025-11-02T12:35:15","date_gmt":"2025-11-02T12:35:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/257547\/"},"modified":"2025-11-02T12:35:15","modified_gmt":"2025-11-02T12:35:15","slug":"why-you-should-read-your-superannuation-statement","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/257547\/","title":{"rendered":"Why you should read your superannuation statement"},"content":{"rendered":"<p>Real Money, a free weekly newsletter giving expert tips on how to save, invest and make the most of your money, is sent every Sunday. You\u2019re reading an excerpt \u2212 <a href=\"https:\/\/www.smh.com.au\/newsletter-signup?newsletter=real-money&amp;utm_source=EditorialArticle&amp;utm_medium=ArticleText&amp;utm_campaign=newsletters\" rel=\"nofollow noopener\" target=\"_blank\">sign up to get the whole newsletter in your inbox.<\/a><\/p>\n<p>We\u2019re officially two months-ish away from Christmas, which means it\u2019s time to start planning your gift buying before the shops fill up with people and all the good panettones go out of stock.<\/p>\n<p>But what if I told you the best gift you can get is already under the (proverbial) tree?<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"It\u2019s worth reading your superannuation statement.\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/11\/e1eb6882634a4d4c242d140459963296a379e638.jpeg\" height=\"390\" width=\"584\" \/><\/p>\n<p>It\u2019s worth reading your superannuation statement.Credit: Aresna Villanueva<\/p>\n<p>That\u2019s right, I\u2019m talking about your superannuation statement! Each year, usually around September to October, the big super funds send members their annual account statements, which refer to the past financial year (so June 2024 to June 2025).<\/p>\n<p>These will have arrived as an email or a letter, which you likely ignored, but trust me \u2212 they\u2019re riveting reading. Inside you can find a detailed breakdown of your super balance, your employer\u2019s contributions, how your super is invested, your level of insurance cover and the fees you\u2019re paying. What fun!<\/p>\n<p>Loading<\/p>\n<p>What\u2019s the problem?<\/p>\n<p>However, people ignoring these statements is a real issue. Recent research from Australian Retirement Trust (ART) found just one third of Australians feel prepared for retirement, and two thirds of us admit we need to pay more attention to our super.<\/p>\n<p>Opening and understanding your super statement is a great way to take meaningful action on both of these points. So pour a fresh cup of coffee, login to your super fund\u2019s website, and have a look.<\/p>\n","protected":false},"excerpt":{"rendered":"Real Money, a free weekly newsletter giving expert tips on how to save, invest and make the most&hellip;\n","protected":false},"author":2,"featured_media":257548,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":{"0":"post-257547","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/257547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=257547"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/257547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/257548"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=257547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=257547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=257547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}